USDJPY will trend downwards right now

Past performance is not an indicator of future results.
We expect USDJPY to trend downwards for the next 12 hours. Based on these past United Kingdom BoE Interest Rate Decision news events there is a 83.33% chance of this. We expect this to happen because the released value is = 0.75%. A price movement of 51 pips is expected.

Historical events that allowed us to draw this conclusion

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
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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