Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a $756 movement on KC within 2 hours following the event release at 2023-02-02 12:00. We expect KC to trend upwards 2 hours following the event release at 2023-02-02 12:00 if the released value is = 4%
Historical events that allowed us to draw this conclusion
15 Dec 12:00 |
22 Sep 11:00 |
16 Jun 11:00 |
17 Mar 12:00 |
03 Feb 12:00 |
04 Nov 12:00 |
23 Sep 11:00 |
24 Jun 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).