Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we could see a $1452 movement on USDJPY within the next 2 hours. We may see USDJPY trend downwards for 2 hours because the released value is = 5.25%
Historical events that allowed us to draw this conclusion
01 Feb 12:00 |
02 Nov 12:00 |
03 Aug 11:00 |
11 May 11:00 |
23 Mar 12:00 |
02 Feb 12:00 |
15 Dec 12:00 |
22 Sep 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
