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ECB Interest Rate Decision

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Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect GBPUSD to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect GBPUSD to trend downwards 48 hours following the event release at 2023-06-15 12:15 if the released value is = 4%. A price movement of 354 pips is expected.

Historical events that allowed us to draw this conclusion

02 Feb 13:15
15 Dec 13:15
27 Oct 12:15
09 Jun 11:45
14 Apr 11:45
10 Mar 12:45
16 Dec 12:45
24 Oct 11:45

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