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Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we could see a $180 movement on USDCAD within the next 2 hours. USDCAD could trend downwards for the next 2 hours because the released value is = 4.75%
Historical events that allowed us to draw this conclusion
| 07 Nov 12:00 |
| 01 Aug 11:00 |
| 20 Jun 11:00 |
| 09 May 11:00 |
| 21 Mar 12:00 |
| 01 Feb 12:00 |
| 14 Dec 12:00 |
| 02 Nov 12:00 |
| 03 Aug 11:00 |
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