16 pip movement on AUDUSD expected

Past performance is not an indicator of future results.
Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a 16 pip movement on AUDUSD for the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is = 0.75%

Historical events that allowed us to draw this conclusion

07 Feb 12:00
01 Nov 12:00
13 Sep 12:00
02 Aug 12:00
21 Jun 12:00
10 May 12:00
08 Feb 12:00
02 Nov 12:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).