We expect a $340 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the Balance of Trade events in United Kingdom release because the released value is > £-9.3B. A price movement of 34 pips is expected.

Historical events that allowed us to draw this conclusion

11 Apr 06:00

11 Feb 07:00

14 Jan 07:00

10 Dec 07:00

11 Nov 07:00

09 Jul 11:00