Based on the last 12 Balance of Trade events in Australia, we expect a $970 movement on GBPUSD within 12 hours following the event release at 07 Apr 11:30. We expect GBPUSD to trend upwards 12 hours following the event release at 07 Apr 11:30 if the released value is < A$3.8B Historical events that allowed us to draw this conclusion

05 Dec 11:30	03 Oct 11:30
05 Sep 11:30	06 Jun 11:30

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