We expect 6C to trend downwards for the next 4 hours. Based on these past United Kingdom BoE Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.1%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jan 12:00 |
19 Dec 12:00 |
07 Nov 12:00 |
20 Jun 11:00 |
02 May 11:00 |
21 Mar 12:00 |
07 Feb 12:00 |
20 Dec 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
