Receive the latest alerts via email

There is a 80% chance of GF trending upwards

Based on past United Kingdom BoE Interest Rate Decision news events there is a 80% chance of GF trending upwards. We expect this to happen because the released value is = 5.25%. A price movement of 636 pips is expected.

Historical events that allowed us to draw this conclusion

09 May 11:00
01 Feb 12:00
14 Dec 12:00
03 Aug 11:00
11 May 11:00
23 Mar 12:00
02 Feb 12:00
15 Dec 12:00

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

Previous Post

We expect a $1116 movement on USDCAD within the next 48 hours.

Next Post

Interesting opportunity on FRA40 after breaking 7595.25

Related Posts