29 pip movement on GBPUSD expected
Based on the last 12 Interest Rate Decision events in New Zealand, we expect a 29 pip movement on GBPUSD within 2 hours following the event release at 18 Aug 12:00 GMT+10. We expect GBPUSD to trend upwards 2 hours following the event release at 18 Aug 12:00 GMT+10 if the released value is = 0.5%Historical events that allowed us…