What to trade around Germany Balance of Trade news event
Based on the last 12 Balance of Trade events in Germany, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 08 Oct 06:00 if the released value is > €14.4B. A price movement of 60 pips…
