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”).
