 |
Based on the last 12 Balance of Trade events in United Kingdom, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > £-1.9B
Historical events that allowed us to draw this conclusion
12 Dec 18:00 |
11 Nov 18:00 |
12 Sep 16:00 |
11 Apr 16:00 |
11 Feb 18:00 |
14 Jan 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).