Based on the last 12 Balance of Trade events in United Kingdom, we expect a $259.066 movement on USDCHF within 4 hours following the event release at 12 Mar 18:00. We expect USDCHF to trend downwards 4 hours following the event release at 12 Mar 18:00 if the released value is < £-4.8B Historical events that allowed us to draw this conclusion

15 Jan 18:00	10 Dec 18:00
11 Sep 16:00	09 Apr 16:00

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