Based on past Japan BoJ Interest Rate Decision news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen if the released value is = -0.1%. A price movement of 682 pips is expected.

Historical events that allowed us to draw this conclusion

28 Oct 14:00	22 Sep 13:00
17 Jun 13:00	18 Mar 14:00
18 Jan 14:00	17 Dec 14:00
16 Jul 13:00	18 Jun 13:00

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