United Kingdom Balance of Trade News Event – a possible $185.01 movement on USDJPY

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $185.01 movement on USDJPY within the next 2 hours. We expect USDJPY to trend upwards for 2 hours because the released value is > £-3.2B

Historical events that allowed us to draw this conclusion

11 Nov 18:00
09 Jul 21:00
11 Jun 16:00
12 Mar 18:00

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