Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 22 May 03:00 if the released value is = -0.1%. A price movement of 47 pips is expected.

Historical events that allowed us to draw this conclusion

16 Mar 05:00

19 Dec 03:00

31 Oct 04:00

30 Jul 03:00

20 Jun 03:00

25 Apr 03:00

15 Mar 03:00

23 Jan 03:00