Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 22 Apr 11:45 if the released value is = 0%. A price movement of 53 pips is expected.

Historical events that allowed us to draw this conclusion

11 Mar 12:45

21 Jan 12:45

10 Sep 11:45

04 Jun 11:45

30 Apr 11:45

12 Mar 12:45

23 Jan 12:45

24 Oct 11:45