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GBPUSD could trend downwards later today. Based on these past Japan BoJ Interest Rate Decision news events there is a 83.33% chance of this. This could happen only if the released value is = -0.1%. The price movement may be as big as 100 pips.
Historical events that allowed us to draw this conclusion
18 Mar 14:00 |
18 Jan 14:00 |
17 Dec 14:00 |
22 Sep 13:00 |
16 Jul 13:00 |
18 Jun 13:00 |
19 Mar 14:00 |
18 Dec 14:45 |
29 Oct 14:00 |
17 Sep 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).