 |
We expect a $3,510 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend downwards 48 hours following the BoE Interest Rate Decision events in United Kingdom release because the released value is = 0.5%. A price movement of 351 pips is expected.
Historical events that allowed us to draw this conclusion
04 Nov 23:00 |
23 Sep 21:00 |
05 Aug 21:00 |
24 Jun 21:00 |
18 Mar 23:00 |
17 Dec 23:00 |
17 Sep 21:00 |
06 Aug 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).