We expect a $534,660 movement on CC within 48 hours following the release of BoE Interest Rate Decision at 18 Mar 12:00. We expect CC to trend upwards 48 hours following the event release at 18 Mar 12:00 if the released value is = 0.1%. A price movement of 21,000 pips is expected.
Historical events that allowed us to draw this conclusion
04 Feb 12:00 |
17 Dec 12:00 |
05 Nov 07:00 |
18 Jun 11:00 |
07 May 06:00 |
26 Mar 12:00 |
07 Nov 12:00 |
19 Sep 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
