We expect EURUSD to trend downwards for the next 48 hours. Based on these past United Kingdom BoE Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.1%. A price movement of 83 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 23:00	07 Nov 23:00
19 Sep 21:00	02 May 21:00
21 Mar 23:00	07 Feb 23:00
20 Dec 23:00	01 Nov 23:00

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