Based on past United Kingdom Balance of Trade news events there is a 80% chance of USDJPY trending upwards. We expect this to happen because the released value is < £-8.4B. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 16:00	13 Jul 16:00
11 Mar 18:00	13 Oct 17:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).