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We expect EURUSD to trend downwards later today. Based on these past United Kingdom BoE Interest Rate Decision news events there is a 75% chance of this. We expect this to happen if the released value is = 0.75%. A price movement of 53 pips is expected.
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 |
01 Nov 23:00 |
02 Aug 21:00 |