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We expect YM to trend upwards right now.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, YM may trend upwards for the next 48 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is = 4.25%

Historical events that allowed us to draw this conclusion

20 Mar 12:00
19 Dec 12:00
07 Nov 12:00
19 Sep 11:00
20 Jun 11:00
09 May 11:00
01 Feb 12:00
14 Dec 12:00
02 Nov 12:00

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

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We expect NIY to trend upwards today with a 66.67% chance.

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We expect NZDUSD to trend downwards with a 66.67% chance.

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