Based on the last 12 Balance of Trade events in Germany, we expect a $600 movement on GBPUSD within 2 hours following the event release at 09 Nov 07:00. We expect GBPUSD to trend upwards 2 hours following the event release at 09 Nov 07:00 if the released value is > € 17.7B

Historical events that allowed us to draw this conclusion

09 Jun 06:00

07 May 06:00

09 Mar 07:00