We expect a $151.04 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards 2 hours following the Balance of Trade events in United Kingdom release because the released value is > £0.6B. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

12 Jun 16:00	11 Mar 20:30
11 Feb 20:30	10 Oct 19:30

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