Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $180 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards for the next 2 hours because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
18 Jan 03:00 |
17 Dec 03:00 |
22 Sep 03:00 |
18 Jun 03:00 |
27 Apr 03:00 |
19 Mar 03:00 |
18 Dec 03:45 |
15 Jul 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
