We expect EURUSD to trend upwards for the next 12 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 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
07 Feb 23:00

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