We expect SB to trend downwards right now.

Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect SB to trend downwards right now. Based on these past events there is a 81.82% chance of this. We expect SB to trend downwards for the next 2 hours because the released value is = 0%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

10 Dec 12:45
29 Oct 12:45
10 Sep 11:45
16 Jul 11:45
04 Jun 11:45
30 Apr 11:45
23 Jan 12:45
12 Sep 11:45
25 Jul 11:45

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

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