Based on the last 12 Balance of Trade events in United Kingdom, we expect a $644.504 movement on USDCAD within 48 hours following the event release at 12 Feb 18:00. We expect USDCAD to trend downwards 48 hours following the event release at 12 Feb 18:00 if the released value is < £-4.2B Historical events that allowed us to draw this conclusion

10 Dec 18:00	11 Sep 16:00
13 May 16:00	09 Apr 16:00

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