 |
Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards for the next 48 hours because the released value is = 0.1%. A price movement of 80 pips is expected.
Historical events that allowed us to draw this conclusion
17 Sep 21:00 |
06 Aug 16:00 |
18 Jun 21:00 |
30 Jan 23:00 |
07 Nov 23:00 |
19 Sep 21:00 |
01 Aug 21:00 |
02 May 21:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).