Based on past United States Fed Interest Rate Decision news events there is a 81.82% chance of GBPUSD trending downwards. We expect this to happen if the released value is = 4.5%. A price movement of 155 pips is expected.
Historical events that allowed us to draw this conclusion
07 May 18:00 |
19 Mar 18:00 |
29 Jan 19:00 |
18 Dec 19:00 |
07 Nov 19:00 |
31 Jul 18:00 |
12 Jun 18:00 |
20 Mar 18:00 |
31 Jan 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
