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We expect a $1530 movement on GBPUSD within 48 hours following the event release at 2022-07-21 03:00.

We expect GBPUSD to trend downwards later today. Based on these past Japan BoJ Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen if the released value is = -0.1%. A price movement of 153 pips is expected.

Historical events that allowed us to draw this conclusion

17 Jun 03:00
18 Mar 03:00
18 Jan 03:00
17 Dec 03:00
16 Jul 03:00
18 Jun 03:00
19 Mar 03:00
18 Dec 03:45

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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