Australia RBA Interest Rate Decision News Event – a $250 opportunity on GBPUSD

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