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We expect a 2875 pip movement on GF within 12 hours following the event release.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect GF to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 4%

Historical events that allowed us to draw this conclusion

19 Jun 11:00
20 Mar 12:00
06 Feb 12:00
19 Dec 12:00
07 Nov 12:00
01 Aug 11:00
20 Jun 11:00
21 Mar 12:00

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

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Because DASHGBP formed a Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

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We expect a 54 pip movement on USDCHF within 4 hours following the event release.

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