Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect NKD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NKD to trend upwards 12 hours following the event release at 23 Sep 11:00 if the released value is = 0.1%. A price movement of 52,250 pips is expected.
Historical events that allowed us to draw this conclusion
05 Aug 11:00 |
24 Jun 11:00 |
06 May 11:00 |
04 Feb 12:00 |
05 Nov 07:00 |
17 Sep 11:00 |
18 Jun 11:00 |
07 May 06:00 |
26 Mar 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
