We expect EURUSD to trend upwards later today. Based on these past United Kingdom Balance of Trade news events there is a 75% chance of this. We expect this to happen if the released value is < £-1.7B. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion
09 Apr 06:00 |
10 Dec 09:30 |
10 May 08:30 |