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Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a 34 pip movement on EURUSD within 12 hours following the event release at 30 Jan 23:00 GMT+11. We expect EURUSD to trend downwards 12 hours following the event release at 30 Jan 23:00 GMT+11 if the released value is = 0.75%
Historical events that allowed us to draw this conclusion
19 Dec 23:00 |
07 Nov 23:00 |
19 Sep 21:00 |
20 Jun 21:00 |
02 May 21:00 |
21 Mar 23:00 |
20 Dec 23:00 |
02 Aug 21:00 |