We expect a $158 movement on ZB within 4 hours following the release of BoE Interest Rate Decision at 2024-02-01 12:00. We expect ZB to trend upwards 4 hours following the event release at 2024-02-01 12:00 if the released value is = 5.25%. A price movement of 129 pips is expected.
Historical events that allowed us to draw this conclusion
14 Dec 12:00 |
02 Nov 12:00 |
11 May 11:00 |
02 Feb 12:00 |
15 Dec 12:00 |
04 Aug 11:00 |
16 Jun 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
