We expect AUDUSD to trend upwards later today. Based on these past United Kingdom Balance of Trade news events there is a 85.71% chance of this. We expect this to happen if the released value is > £-2.2B. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

09 Jul 11:00

11 Jun 06:00

12 May 06:00

12 Nov 07:00

09 Oct 06:00

12 Aug 06:00