Based on the last 12 Balance of Trade events in Japan, we expect GBPUSD to trend downwards right now. Based on these past events there is a 85.71% chance of this. This may happen because the released value is > ¥917.2B

Historical events that allowed us to draw this conclusion

19 Feb 10:50	18 Dec 10:50
18 Sep 09:50	19 Jun 09:50
17 Apr 09:50	18 Mar 10:50

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