Are you on the right side of United Kingdom BoE Interest Rate Decision news event?

Past performance is not an indicator of future results.
Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect USDCAD to trend downwards. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards for 12 hours because the released value is = 0.75%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

01 Nov 12:00

13 Sep 12:00

02 Aug 12:00

21 Jun 12:00

10 May 12:00

14 Dec 12:00

02 Nov 12:00

14 Sep 12:00

03 Aug 12:00

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

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