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CL may be ready to trend upwards today with a 72.73% chance.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, CL may trend upwards later today. Based on these past events there is a 72.73% chance of this. This may happen if the released value is = 1.25%

Historical events that allowed us to draw this conclusion

05 May 11:00
17 Mar 12:00
03 Feb 12:00
04 Nov 12:00
23 Sep 11:00
05 Aug 11:00
06 May 11:00
17 Dec 12:00

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

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