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We expect RB to trend upwards for the next 48 hours.

We expect RB to trend upwards for the next 48 hours. Based on these past United States Fed Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.25%. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

16 Dec 19:00
05 Nov 19:00
16 Sep 18:00
29 Apr 18:00
11 Dec 19:00
30 Oct 18:00
18 Sep 18:00
19 Jun 18:00

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

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