Trade with an edge around todays New Zealand Interest Rate Decision news event

Based on past New Zealand Interest Rate Decision news events there is a 70% chance of GBPUSD trending downwards. We expect this to happen if the released value is = 1%. A price movement of 188 pips is expected.

Historical events that allowed us to draw this conclusion

25 Sep 12:00
26 Jun 12:00
08 May 12:00
27 Mar 12:00
13 Feb 12:00
08 Nov 07:00
27 Sep 07:00
09 Aug 07:00
10 May 07:00

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