Australia RBA Interest Rate Decision News Event – a $200 opportunity on GBPUSD

We expect a $200 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 20 pips is expected.

Historical events that allowed us to draw this conclusion

05 Oct 03:30
07 Sep 04:30
03 Aug 04:30
01 Jun 04:30
04 May 04:30
02 Mar 03:30
02 Feb 03:30
03 Nov 03:30