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We expect GBPUSD to trend downwards for the next 48 hours.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we could see GBPUSD trend downwards right now. Based on historical events there is a 70% chance of this. This may happen because the released value is = 5.25%

Historical events that allowed us to draw this conclusion

11 May 11:00
23 Mar 12:00
02 Feb 12:00
15 Dec 12:00
22 Sep 11:00
04 Aug 11:00
05 May 11:00

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

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Esperamos un movimiento de 5445 pips en el PL dentro de unas 48 horas posteriores a la publicación del evento.

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