We expect a $150 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the Balance of Trade events in Australia release because the released value is > A$10.2B. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

05 Aug 11:30	03 Jun 11:30
04 Feb 11:30	05 Nov 11:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).