We expect a $8513 movement on GC within 2 hours following the release of RBA Interest Rate Decision.

Based on past Australia RBA Interest Rate Decision news events there is a 66.67% chance of GC trending upwards. We expect this to happen if the released value is = 3.1%. A price movement of 470 pips is expected.

Historical events that allowed us to draw this conclusion

01 Nov 03:30

02 Aug 04:30

05 Apr 04:30

01 Mar 03:30

01 Feb 03:30

02 Nov 03:30

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