Based on past United States Fed Interest Rate Decision news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen because the released value is = 5.5%. A price movement of 450 pips is expected.
Historical events that allowed us to draw this conclusion
31 Jan 19:00 |
20 Sep 18:00 |
26 Jul 18:00 |
22 Mar 18:00 |
01 Feb 19:00 |
14 Dec 19:00 |
02 Nov 18:00 |
21 Sep 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
