Based on past United Kingdom Balance of Trade news events there is a 85.71% chance of GBPUSD trending upwards. We expect this to happen because the released value is > £-8.4B. A price movement of 59 pips is expected.

Historical events that allowed us to draw this conclusion

12 Sep 06:00

11 Apr 06:00

11 Feb 07:00

14 Jan 07:00

10 Dec 07:00

11 Nov 07:00