We expect a $0 movement on GBPUSD within 48 hours following the release of BoC Interest Rate Decision at 04 Sep 14:00. We expect GBPUSD to trend downwards 48 hours following the event release at 04 Sep 14:00 if the released value is = 1.75%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
29 May 14:00 |
24 Apr 14:00 |
06 Mar 15:00 |
24 Oct 14:00 |
05 Sep 14:00 |
11 Jul 14:00 |
18 Apr 14:00 |
07 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
