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We expect a $570 movement on GBPUSD within 12 hours following the release of BoC Interest Rate Decision at 2023-01-25 15:00. We expect GBPUSD to trend downwards 12 hours following the event release at 2023-01-25 15:00 if the released value is = 4.5%. A price movement of 57 pips is expected.
Historical events that allowed us to draw this conclusion
07 Dec 15:00 |
01 Jun 14:00 |
26 Jan 15:00 |
08 Dec 15:00 |
27 Oct 14:00 |
08 Sep 14:00 |
14 Jul 14:00 |
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