Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect AUDUSD to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect AUDUSD to trend downwards 48 hours following the event release at 2023-02-02 12:00 if the released value is = 4%. A price movement of 199 pips is expected.
Historical events that allowed us to draw this conclusion
15 Dec 12:00 |
22 Sep 11:00 |
04 Aug 11:00 |
05 May 11:00 |
03 Feb 12:00 |
04 Nov 12:00 |
23 Sep 11:00 |
05 Aug 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
