Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 15 pip movement on GBPUSD within 2 hours following the event release at 03 Aug 04:30 UTC. We expect GBPUSD to trend downwards 2 hours following the event release at 03 Aug 04:30 UTC if the released value is = 0.1%
Historical events that allowed us to draw this conclusion
01 Jun 04:30 |
04 May 04:30 |
02 Mar 03:30 |
02 Feb 03:30 |
03 Nov 03:30 |
06 Oct 03:30 |
01 Sep 04:30 |
07 Jul 04:30 |