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We expect a $4.507 movement on SB within the next 12 hours.

Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $4.507 movement on SB within the next 12 hours. We expect SB to trend downwards for 12 hours because the released value is = 0%

Historical events that allowed us to draw this conclusion

25 Jul 11:45
07 Mar 12:45
24 Jan 12:45
25 Oct 11:45
13 Sep 11:45
26 Jul 11:45
14 Jun 11:45
08 Mar 12:45

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

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We expect a $1,430 movement on GBPUSD within the next 12 hours.

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