Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $840 movement on GBPUSD within 12 hours following the event release at 2025-01-24 03:00. We expect GBPUSD to trend downwards 12 hours following the event release at 2025-01-24 03:00 if the released value is = 0.5%
Historical events that allowed us to draw this conclusion
19 Dec 03:00 |
31 Oct 03:00 |
20 Sep 03:00 |
14 Jun 03:25 |
26 Apr 03:00 |
19 Mar 03:00 |
23 Jan 03:00 |
31 Oct 03:00 |
22 Sep 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).