Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 0.1%

Historical events that allowed us to draw this conclusion

04 Feb 23:00	05 Nov 18:00
17 Sep 21:00	06 Aug 16:00
07 May 16:00	26 Mar 23:00
30 Jan 23:00	19 Sep 21:00

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