We expect a $250 movement on GBPUSD within 2 hours following the release of RBA Interest Rate Decision at 07 Jul 04:30. We expect GBPUSD to trend upwards 2 hours following the event release at 07 Jul 04:30 if the released value is = 0.25%. A price movement of 25 pips is expected.
Historical events that allowed us to draw this conclusion
02 Jun 04:30 |
05 May 04:30 |
19 Mar 03:30 |
04 Feb 03:30 |
03 Dec 03:30 |
06 Aug 04:30 |
02 Jul 04:30 |
04 Jun 04:30 |