Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a $160 movement on EURUSD within 2 hours following the event release at 07 May 06:00. We expect EURUSD to trend downwards 2 hours following the event release at 07 May 06:00 if the released value is = 0.1%

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