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USDJPY will trend down right now

USDJPY will trend down right now

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”)

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