Based on the last 12 Balance of Trade events in United Kingdom, we expect a 22 pip movement on EURUSD within 2 hours following the event release at 12 Nov 07:00 UTC. We expect EURUSD to trend upwards 2 hours following the event release at 12 Nov 07:00 UTC if the released value is > £-1.0B

Historical events that allowed us to draw this conclusion

09 Oct 06:00

12 Aug 06:00

12 Jun 06:00

11 Mar 09:30

11 Feb 09:30

13 Jan 09:30