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There is a 80% chance of AUDUSD trending downwards

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 80% chance of this. We made this conclusion because the released value is = 5.25%. A price movement of 39 pips may be experienced.

Historical events that allowed us to draw this conclusion

14 Dec 12:00
02 Nov 12:00
11 May 11:00
23 Mar 12:00
02 Feb 12:00
15 Dec 12:00
22 Sep 11:00
04 Aug 11:00

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

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We expect GC to trend downwards with a 80% chance.

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