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We expect GBPUSD to trend upwards with a 66.67% chance.

We expect a $280 movement on GBPUSD within the next 4 hours. We expect GBPUSD to trend upwards 4 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = 0.1%. A price movement of 28 pips is expected.

Historical events that allowed us to draw this conclusion

26 Apr 03:00
23 Jan 03:00
19 Dec 03:00
31 Oct 03:00
22 Sep 03:00
16 Jun 03:00
10 Mar 03:00
18 Jan 03:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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