Based on the last 12 RBA Interest Rate Decision events in Australia, we could see GBPUSD trend downwards right now. Based on historical events there is a 87.5% chance of this. This may happen because the released value is = 4.35%
Historical events that allowed us to draw this conclusion
07 Nov 03:30 |
03 Oct 03:30 |
05 Sep 04:30 |
07 Mar 03:30 |
07 Feb 03:30 |
01 Nov 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
