Based on the last 12 Balance of Trade events in United Kingdom, we expect a $150 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards for 2 hours because the released value is > £-6.2B

Historical events that allowed us to draw this conclusion

11 Mar 20:30	11 Feb 20:30
13 Jan 20:30	10 Oct 19:30
09 Aug 18:30	10 Jun 18:30

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