Australia RBA Interest Rate Decision News Event – a $150 opportunity on GBPUSD

We expect a $150 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the RBA Interest Rate Decision events in Australia release because the released value is = 0.1%. A price movement of 15 pips is expected.

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