Based on the last 12 Balance of Trade events in United Kingdom, we expect USDJPY to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 12 Mar 07:00 if the released value is > £-4.8B. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

12 Nov 07:00

09 Oct 06:00

12 Aug 06:00

14 Jul 06:00