United Kingdom BoE Interest Rate Decision News Event – a $407.25 opportunity on USDJPY

Past performance is not an indicator of future results.
We expect a $407.25 movement on USDJPY within the next 12 hours. We expect USDJPY to trend downwards 12 hours following the BoE Interest Rate Decision events in United Kingdom release because the released value is = 0.75%. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

07 Feb 12:00
20 Dec 12:00
01 Nov 12:00
21 Jun 12:00
10 May 12:00
22 Mar 12:00
08 Feb 12:00
14 Dec 12:00
02 Nov 12:00
14 Sep 12:00

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

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