Want to know why GBPUSD is going upwards today?

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $1,560 movement on GBPUSD within 12 hours following the event release at 11 Sep 16:00. We expect GBPUSD to trend upwards 12 hours following the event release at 11 Sep 16:00 if the released value is > £1.2B

Historical events that allowed us to draw this conclusion

14 Jul 16:00
11 Feb 20:30
13 Jan 20:30
10 Oct 19:30
09 Sep 18:30

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