Trade with an edge around todays Australia RBA Interest Rate Decision news event

Based on past Australia RBA Interest Rate Decision news events there is a 75% chance of GBPUSD trending downwards. We expect this to happen if the released value is = 0.1%. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

07 Sep 14:30
03 Aug 14:30
01 Jun 14:30
04 May 14:30
02 Mar 14:30
02 Feb 14:30
03 Nov 14:30
06 Oct 14:30
01 Sep 14:30

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