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Based on the last 12 Balance of Trade events in United Kingdom, we expect a 84 pip movement on GBPUSD for the next 12 hours. We expect GBPUSD to trend downwards for 12 hours because the released value is < £1.2B Historical events that allowed us to draw this conclusion
13 May 16:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).