Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 12 hours following the event release at 17 Sep 21:00 if the released value is = 0.1%. A price movement of 48 pips is expected.

Historical events that allowed us to draw this conclusion

07 May 16:00	26 Mar 23:00
30 Jan 23:00	01 Aug 21:00

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