Based on the last 12 Balance of Trade events in United Kingdom, we expect a $170 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards for the next 2 hours because the released value is > £-2.6B

Historical events that allowed us to draw this conclusion

13 Jan 20:30	10 Oct 19:30
09 Aug 18:30	10 Jun 18:30

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