United Kingdom Balance of Trade News Event – a possible $330 opportunity on EURUSD

If the released value is > £-11.8B for the Balance of Trade event, we could see a $330 movement on EURUSD within 4 hours following the release at 13 Jun 16:00. This movement may form an upwards trend for 4 hours following the event release at 13 Jun 16:00.

Historical events that allowed us to draw this conclusion

11 Apr 16:00
11 Feb 18:00
10 Dec 18:00
11 Nov 18:00
09 Jul 21:00

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