Japan BoJ Interest Rate Decision News Event – a $1,550 opportunity on GBPUSD

We expect a $1,550 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend downwards 48 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = -0.1%. A price movement of 155 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jul 13:00
18 Jun 13:00
19 Mar 14:00
18 Dec 14:45
29 Oct 14:00
15 Jul 13:00
16 Jun 12:45
22 May 13:00

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