We expect a $630 movement on GBPUSD within 4 hours following the release of Balance of Trade at 07 Apr 22:30. We expect GBPUSD to trend downwards 4 hours following the event release at 07 Apr 22:30 if the released value is < $-70.5B. A price movement of 63 pips is expected. Historical events that allowed us to draw this conclusion

08 Jan 00:30	05 Nov 00:30
06 Oct 23:30	03 Sep 22:30
05 Aug 22:30	02 Jul 22:30
05 May 22:30

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