Based on the last 12 Balance of Trade events in Japan, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 15 Sep 23:50 if the released value is < ¥-37.5B. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion

20 Oct 23:50