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There is a 66.67% chance of NZDUSD trending downwards

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a $270 movement on NZDUSD within 2 hours following the event release at 2025-05-08 11:02. We expect NZDUSD to trend downwards 2 hours following the event release at 2025-05-08 11:02 if the released value is = 4.25%

Historical events that allowed us to draw this conclusion

20 Mar 12:00
06 Feb 12:00
19 Dec 12:00
19 Sep 11:00
20 Jun 11:00
21 Mar 12:00
14 Dec 12:00
02 Nov 12:00

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

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LTCEUR formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.

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We expect NIY to trend upwards today with a 66.67% chance.

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