Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a $770 movement on GBPUSD within 2 hours following the event release at 16 Dec 12:00. We expect GBPUSD to trend downwards 2 hours following the event release at 16 Dec 12:00 if the released value is = 0.1%
Historical events that allowed us to draw this conclusion
04 Nov 12:00 |
05 Aug 11:00 |
24 Jun 11:00 |
06 May 11:00 |
18 Mar 12:00 |
17 Dec 12:00 |
17 Sep 11:00 |
18 Jun 11:00 |