Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a 74 pip movement on EURUSD within 2 hours following the event release at 2023-05-11 11:00. We expect EURUSD to trend upwards 2 hours following the event release at 2023-05-11 11:00 if the released value is = 4.5%
Historical events that allowed us to draw this conclusion
23 Mar 12:00 |
15 Dec 12:00 |
22 Sep 11:00 |
04 Aug 11:00 |
16 Jun 11:00 |
17 Mar 12:00 |
03 Feb 12:00 |
04 Nov 12:00 |
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