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Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect NZDUSD to trend downwards for the next 12 hours. Based on these past events there is a 72.73% chance of this. This may happen because the released value is = 0.1%
Historical events that allowed us to draw this conclusion
30 Jan 23:00 |
19 Sep 21:00 |
01 Aug 21:00 |
20 Jun 21:00 |
02 May 21:00 |
21 Mar 23:00 |
07 Feb 23:00 |
20 Dec 23:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).