Based on the last 12 Balance of Trade events in United Kingdom, we expect a 17 pip movement on AUDUSD within 2 hours following the event release at 11 Nov 07:00 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 11 Nov 07:00 UTC if the released value is > £-3.4B

Historical events that allowed us to draw this conclusion

09 Jul 11:00

11 Jun 06:00

12 May 06:00

12 Nov 07:00