Due to the United Kingdom BoE Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-09-22 11:00:
The table below summarizes how the volatility of each instrument is expected to change during this news event.
| Symbol | Normal Movement Range | Movement range during GB BoE Interest Rate Decision |
|---|---|---|
| EURUSD | 20-33 pips | 25-40 pips (20.23%) |
| GBPUSD | 31-51 pips | 88-115 pips (123.58%) |