Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect EURUSD to trend downwards for the next 4 hours. Based on these past events there is a 66.67% chance of this. This will happen because the released value is = 0.75%
Historical events that allowed us to draw this conclusion
20 Jun 11:00 |
02 May 11:00 |
21 Mar 12:00 |
20 Dec 12:00 |
01 Nov 12:00 |
02 Aug 11:00 |
10 May 11:00 |
22 Mar 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
