We expect NZDUSD to trend upwards for the next 4 hours. Based on these past United Kingdom Balance of Trade news events there is a 80% chance of this. We expect this to happen because the released value is < £-4.2B. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion

10 Dec 18:00	11 Sep 16:00
13 May 16:00	09 Apr 16:00

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