We expect EURUSD to trend upwards for the next 2 hours. Based on these past United Kingdom Balance of Trade news events there is a 75% chance of this. We expect this to happen because 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