United Kingdom Balance of Trade News Event – a possible $400 movement on NZDUSD

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $400 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend downwards for 48 hours because the released value is > £-3.2B

Historical events that allowed us to draw this conclusion

10 Oct 19:30
09 Aug 18:30
10 Jun 18:30