Based on the last 12 RBA Interest Rate Decision events in Australia, GBPUSD could trend downwards later today. Based on these past events there is a 72.73% chance of this. If the released value is = 0.6% we could see GBPUSD trend downwards 48 hours following the event release at 07 Jun 14:30.

Historical events that allowed us to draw this conclusion

05 Apr 14:30	01 Mar 14:30
07 Dec 14:30	05 Oct 14:30
07 Sep 14:30	03 Aug 14:30
06 Jul 14:30	01 Jun 14:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).