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There is a 87.5% chance of GBPUSD trending downwards

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”).

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After experiencing a 11.81% bullish move in the space of 39 days, nobody knows where US30 is headed.

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Esperamos que el ES adopte hoy una tendencia downwards con un 75% de probabilidad.

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