Based on the last 12 Balance of Trade events in United Kingdom, we expect a $1,010 movement on GBPUSD within 48 hours following the event release at 12 Nov 18:00. We expect GBPUSD to trend upwards 48 hours following the event release at 12 Nov 18:00 if the released value is < £-1.0B Historical events that allowed us to draw this conclusion

11 Sep 16:00	09 Apr 16:00
10 Dec 20:30	11 Nov 20:30

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