We expect EURUSD 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 16 pips is expected.
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 |