We expect a $530 movement on GBPUSD within 2 hours following the release of ECB Interest Rate Decision at 10 Jun 11:45. We expect GBPUSD to trend downwards 2 hours following the event release at 10 Jun 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
22 Apr 11:45 |
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 |