Based on the last 12 Fed Interest Rate Decision events in United States, GBPUSD could trend upwards later today. Based on these past events there is a 66.67% chance of this. If the released value is = 1% we could see GBPUSD trend upwards 2 hours following the event release at 04 May 18:00.

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