Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 47 pip movement on GBPUSD within 2 hours following the event release at 16 Jun 03:00 UTC. We expect GBPUSD to trend downwards 2 hours following the event release at 16 Jun 03:00 UTC if the released value is = -0.1%

Historical events that allowed us to draw this conclusion

22 May 03:00

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