Based on the last 12 Balance of Trade events in United Kingdom, we expect a $370 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards for 2 hours because the released value is < £0.5B Historical events that allowed us to draw this conclusion

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

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