Based on the last 12 BoE Interest Rate Decision events in GB, we expect a $256.94 movement on USDJPY within the next 4 hours.
We expect USDJPY to trend down for 4 hours because the released value is = 0.75%
Historical events that allowed us to draw this conclusion
02 Aug 11:00 |
21 Jun 11:00 |
10 May 11:00 |
22 Mar 12:00 |
08 Feb 12:00 |
14 Dec 12:00 |
02 Nov 12:00 |
03 Aug 11:00 |
11 May 11:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
