170 pip movement on GBPUSD expected
We expect GBPUSD to trend downwards later today. Based on these past Australia RBA Interest Rate Decision news events there is a 77.78% chance of this. We expect this to happen if the released value is = 2.85%. A price movement of 170 pips is expected.Historical events that allowed us to draw this conclusion06 Sep 14:3002 Aug 14:3005 Jul 14:3005…