Based on past United Kingdom BoE Interest Rate Decision news events there is a 83.33% chance of YM trending upwards. We expect this to happen if the released value is = 0.1%. A price movement of 148,800 pips is expected.
Historical events that allowed us to draw this conclusion
17 Sep 11:00 |
06 Aug 06:00 |
18 Jun 11:00 |
07 May 06:00 |
26 Mar 12:00 |
30 Jan 12:00 |
19 Dec 12:00 |
07 Nov 12:00 |
19 Sep 11:00 |
20 Jun 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
