Based on past Canada BoC Interest Rate Decision news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen if the released value is = 1.75%. A price movement of 61 pips is expected.
Historical events that allowed us to draw this conclusion
04 Dec 15:00 |
30 Oct 14:00 |
29 May 14:00 |
24 Apr 14:00 |
06 Mar 15:00 |
09 Jan 15:00 |
24 Oct 14:00 |
05 Sep 14:00 |