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78 pip movement on GBPUSD expected

Based on the last 12 Fed Interest Rate Decision events in United States, we may expect GBPUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is = 5.5%. A price movement of 78 pips may be experienced.

Historical events that allowed us to draw this conclusion

01 May 18:00
20 Mar 18:00
13 Dec 19:00
01 Nov 18:00
26 Jul 18:00
22 Mar 18:00
01 Feb 19:00
14 Dec 19:00