GBPUSD could trend upwards later today. Based on these past United States Fed Interest Rate Decision news events there is a 66.67% chance of this. This could happen only if the released value is = 1%. The price movement may be as big as 69 pips.
Historical events that allowed us to draw this conclusion
16 Mar 18:00 |
15 Dec 19:00 |
03 Nov 18:00 |
28 Jul 18:00 |
28 Apr 18:00 |
17 Mar 18:00 |
16 Dec 19:00 |
05 Nov 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
