Based on the last 12 Balance of Trade events in United Kingdom, we expect a 40 pip movement on NZDUSD for the next 48 hours. We expect NZDUSD to trend downwards for 48 hours because the released value is > £-3.7B

Historical events that allowed us to draw this conclusion

13 Jan 20:30	10 Oct 19:30
09 Aug 18:30	10 Jun 18:30

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