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We expect a $1,360 movement on EURUSD within the next 4 hours.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a $1,360 movement on EURUSD within the next 4 hours. We expect EURUSD to trend upwards for 4 hours because the released value is = 0.75%

Historical events that allowed us to draw this conclusion

03 Feb 12:00
04 Nov 12:00
23 Sep 11:00
05 Aug 11:00
24 Jun 11:00
06 May 11:00
17 Dec 12:00
05 Nov 07:00
17 Sep 11:00

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

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