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Based on the last 12 Balance of Trade events in United Kingdom, we expect AUDUSD to trend upwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is > £-1.4B
Historical events that allowed us to draw this conclusion
11 Jun 16:00 |
12 May 16:00 |
12 Nov 18:00 |
09 Oct 17:00 |
12 Aug 16:00 |
14 Jul 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).