Based on the last 12 Balance of Trade events in United Kingdom, we expect a $620 movement on AUDUSD within 48 hours following the event release at 12 May 16:00. We expect AUDUSD to trend upwards 48 hours following the event release at 12 May 16:00 if the released value is > £-6.1B

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
12 Jun 16:00

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