Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a 98 pip movement on GBPUSD for the next 12 hours. We expect GBPUSD to trend downwards for 12 hours because the released value is = 0%
Historical events that allowed us to draw this conclusion
25 Oct 12:45 |
26 Jul 12:45 |
14 Jun 12:45 |
26 Apr 12:45 |
08 Mar 12:45 |
25 Jan 12:45 |
26 Oct 12:45 |
08 Jun 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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