Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect GBPUSD to trend downwards. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards for 2 hours because the released value is = -0.1%. A price movement of 47 pips is expected.
Historical events that allowed us to draw this conclusion
16 Mar 05:00 |
19 Dec 03:00 |
31 Oct 04:00 |
30 Jul 03:00 |
20 Jun 03:00 |
25 Apr 03:00 |
15 Mar 03:00 |
23 Jan 03:00 |