We expect USDJPY to trend down for the next 2 hours. Based on these past GB BoE Interest Rate Decision news events there is a 83.3% of this.
We expect this to happen because the released value is = 0.75%. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
07 Feb 12:00 |
20 Dec 12:00 |
01 Nov 12:00 |
13 Sep 11:00 |
02 Aug 11:00 |
21 Jun 11:00 |
10 May 11:00 |
22 Mar 12:00 |
08 Feb 12:00 |
02 Nov 12:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
