United Kingdom BoE Interest Rate Decision News Event – a $160 opportunity on EURUSD

We expect a $160 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards 2 hours following the BoE Interest Rate Decision events in United Kingdom release because the released value is = 0.1%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 12:00
07 Nov 12:00
01 Aug 11:00
20 Jun 11:00
02 May 11:00
21 Mar 12:00
20 Dec 12:00
01 Nov 12:00