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Pre Event Forecast

Trade with an edge around todays United Kingdom BoE Interest Rate Decision news event

We expect a $746 movement on USDCHF within the next 2 hours. We expect USDCHF to trend downwards 2 hours following the BoE Interest Rate Decision events in United Kingdom release because the released value is = 2.25%. A price movement of 71 pips is expected.

Historical events that allowed us to draw this conclusion

04 Aug 11:00
16 Jun 11:00
17 Mar 12:00
03 Feb 12:00
04 Nov 12:00
23 Sep 11:00
05 Aug 11:00
06 May 11:00