Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $530 movement on GBPUSD within 2 hours following the event release 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%

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