BANK OF ENGLAND SPEECH (POSSIBLE RATE CHANGE/DROP)

At 12:00PM Eastern (5PM in the UK) the president & Chairman of the Bank of England will be speaking about what I assume is an incoming interest rate change following the interest rate changes of the U.S. and Canada. I'm not sure what % rate change will be but I have a good guess that it is going down causing volatility in the bearish direction for any GPB pair. Let me know what you guys thinks, Good Luck trading! (Btw I placed the Waves incorrectly so disregard that)