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We expect a $1491 movement on ZC within 2 hours following the event release at 2024-11-07 12:00.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect ZC to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect ZC to trend downwards 2 hours following the event release at 2024-11-07 12:00 if the released value is = 4.75%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

20 Jun 11:00
09 May 11:00
02 Nov 12:00
03 Aug 11:00
11 May 11:00

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

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