We expect a 27 pip movement on SB for the next 48 hours.

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 27 pip movement on SB for the next 48 hours. We expect SB to trend downwards for 48 hours because the released value is = 0.75%

Historical events that allowed us to draw this conclusion

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

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