Based on the last 12 BoJ Interest Rate Decision events in Japan, we may expect GBPUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is = 0%. A price movement of 159 pips may be experienced.
Historical events that allowed us to draw this conclusion
19 Dec 03:00 |
28 Jul 03:00 |
16 Jun 03:00 |
28 Apr 04:00 |
10 Mar 03:00 |
18 Jan 03:00 |
28 Oct 03:00 |
22 Sep 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
