We expect GBPUSD to trend downwards for the next 2 hours. Based on these past United Kingdom Balance of Trade news events there is a 66.67% chance of this. We expect this to happen because the released value is < £-11.7B. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 06:00

13 Jul 06:00

11 Mar 07:00

13 Oct 06:00