Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect a $388.266 movement on OJ within 4 hours following the event release at 19 Dec 12:00. We expect OJ to trend downwards 4 hours following the event release at 19 Dec 12:00 if the released value is = 0.75%
Historical events that allowed us to draw this conclusion
21 Mar 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
