Based on the last 12 Balance of Trade events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 05 Apr 12:30 if the released value is < $-88.5B. A price movement of 67 pips is expected. Historical events that allowed us to draw this conclusion

06 Jan 13:30

04 Nov 12:30

05 Oct 12:30

05 Aug 12:30

07 Apr 12:30