We expect GBPUSD to trend downwards right now.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect GBPUSD to trend downwards right now. Based on these past events there is a 72.73% chance of this. This may happen because the released value is = 0.5%

Historical events that allowed us to draw this conclusion

04 Nov 12:00

23 Sep 11:00

05 Aug 11:00

24 Jun 11:00

18 Mar 12:00

17 Dec 12:00

17 Sep 11:00

06 Aug 06:00

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