Based on the last 12 Interest Rate Decision events in New Zealand, 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 48 hours following the event release at 14 Apr 12:00 if the released value is = 0.25%. A price movement of 160 pips is expected.

Historical events that allowed us to draw this conclusion

24 Feb 12:00	11 Nov 12:00
24 Jun 12:00	13 May 12:00
25 Sep 12:00	26 Jun 12:00

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