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We expect 6C to trend downwards for the next 4 hours.

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”).

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We expect a 4,120 pip movement on RTY within 2 hours following the event release.

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Johnson & Johnson has broken through the support line of a Support. It has touched this line numerous times in the last 2 days.

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