We expect USDCHF to trend downwards later today. 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 if the released value is = 0.1%. A price movement of 98 pips is expected.

Historical events that allowed us to draw this conclusion

17 Sep 21:00	07 May 16:00
26 Mar 23:00	30 Jan 23:00
19 Dec 23:00	01 Aug 21:00
20 Jun 21:00	02 May 21:00

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