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We expect GF to trend downwards today with a 72.73% chance.

Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect GF to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect GF to trend downwards 2 hours following the event release at 2022-09-08 12:15 if the released value is = 1.25%. A price movement of 118 pips is expected.

Historical events that allowed us to draw this conclusion

14 Apr 11:45
10 Mar 12:45
16 Dec 12:45
28 Oct 11:45
09 Sep 11:45
10 Jun 11:45
22 Apr 11:45
11 Mar 12:45

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

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