United Kingdom Balance of Trade News Event – a possible $830.145 movement on USDCHF

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $830.145 movement on USDCHF within the next 12 hours. We expect USDCHF to trend downwards for 12 hours because the released value is > £-4.8B

Historical events that allowed us to draw this conclusion

12 Nov 18:00
09 Oct 17:00
12 Aug 16:00
14 Jul 16:00

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