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We expect NZDUSD to trend downwards for the next 48 hours. Based on these past United Kingdom BoE Interest Rate Decision news events there is a 70% chance of this. We expect this to happen because the released value is = 5.25%. A price movement of 219 pips is expected.
Historical events that allowed us to draw this conclusion
11 May 11:00 |
23 Mar 12:00 |
02 Feb 12:00 |
22 Sep 11:00 |
04 Aug 11:00 |
05 May 11:00 |
03 Feb 12:00 |
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