Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect GC to trend upwards for the next 4 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is = 0.1%
Historical events that allowed us to draw this conclusion
05 Nov 07:00 |
17 Sep 11:00 |
07 May 06:00 |
26 Mar 12:00 |
30 Jan 12:00 |
19 Dec 12:00 |
19 Sep 11:00 |
01 Aug 11:00 |
20 Jun 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
