Trade with an edge around todays United Kingdom Balance of Trade news event

Based on past United Kingdom Balance of Trade news events there is a 75% chance of AUDUSD trending upwards. We expect this to happen if the released value is < £2.8B. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion

13 May 16:00
09 Apr 16:00
10 Dec 20:30

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