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Based on the last 12 Balance of Trade events in United Kingdom, we expect a $3,280 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend upwards for 48 hours because the released value is > £-0.8B
Historical events that allowed us to draw this conclusion
12 Jun 16:00![]() |
11 Feb 20:30![]() |
13 Jan 20:30![]() |
10 Oct 19:30![]() |
09 Sep 18:30![]() |
10 Jul 18:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).