We expect GBPUSD to trend upwards for the next 4 hours. Based on these past Japan BoJ Interest Rate Decision news events there is a 75% chance of this. We expect this to happen because the released value is = -0.1%. A price movement of 33 pips is expected.

Historical events that allowed us to draw this conclusion

21 Jan 14:00	18 Dec 14:45
29 Oct 14:00	17 Sep 13:00
15 Jul 13:00	27 Apr 14:00
16 Mar 16:00	19 Dec 14:00
31 Oct 15:00

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