 |
GBPUSD may trend downwards for the next 12 hours. Based on these past Japan BoJ Interest Rate Decision news events there is a 83.33% chance of this. Our expectation is based on that fact that the released value is = -0.1%. A price movement of 100 pips could be expected.
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”).