Based on past United Kingdom BoE Interest Rate Decision news events there is a 66.67% chance of SB trending downwards. We expect this to happen if the released value is = 0.1%. A price movement of 32 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 12:00 |
05 Nov 07:00 |
18 Jun 11:00 |
07 May 06:00 |
26 Mar 12:00 |
07 Nov 12:00 |
19 Sep 11:00 |
01 Aug 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
