Based on past United Kingdom BoE Interest Rate Decision news events there is a 80% chance of GF trending upwards. We expect this to happen because the released value is = 5.25%. A price movement of 636 pips is expected.
Historical events that allowed us to draw this conclusion
09 May 11:00 |
01 Feb 12:00 |
14 Dec 12:00 |
03 Aug 11:00 |
11 May 11:00 |
23 Mar 12:00 |
02 Feb 12:00 |
15 Dec 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
