Euro Area ECB Interest Rate Decision News Event – a $530 opportunity on GBPUSD
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…