Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 0%
Historical events that allowed us to draw this conclusion
28 Oct 11:45 |
09 Sep 11:45 |
22 Jul 11:45 |
10 Jun 11:45 |
11 Mar 12:45 |
21 Jan 12:45 |
10 Dec 12:45 |
16 Jul 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
