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We expect a $0 movement on 6M within the next 12 hours.

We expect a $0 movement on 6M within the next 12 hours. We expect 6M to trend downwards 12 hours following the BoE Interest Rate Decision events in United Kingdom release because the released value is = 0.75%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

07 Nov 12:00
19 Sep 11:00
20 Jun 11:00
02 May 11:00
21 Mar 12:00
20 Dec 12:00
01 Nov 12:00
13 Sep 11:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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