Based on the last 12 Balance of Trade events in United Kingdom, we expect USDJPY to trend upwards right now. Based on these past events there is a 80% chance of this. We expect USDJPY to trend upwards for the next 2 hours because the released value is > £-3.2B. A price movement of 21 pips is expected.

Historical events that allowed us to draw this conclusion

11 Nov 07:00

09 Jul 11:00

11 Jun 06:00

12 Mar 07:00