We expect GBPUSD to trend up for the next 2 hours. Based on these past NZ Interest Rate Decision news events there is a 75.0% of this.
We expect this to happen because the released value is = 1.50%. A price movement of 4 pips is expected.
Historical events that allowed us to draw this conclusion
13 Feb 01:00 |
26 Sep 21:00 |
08 Aug 21:00 |
27 Jun 21:00 |
09 May 21:00 |
07 Feb 20:00 |
08 Nov 20:00 |
27 Sep 20:00 |
09 Aug 21:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
