We expect GBPUSD to trend downwards later today. Based on these past Japan Balance of Trade news events there is a 66.67% chance of this. We expect this to happen if the released value is < ¥-600B. A price movement of 46 pips is expected. Historical events that allowed us to draw this conclusion
15 Dec 23:50 |
19 Jul 23:50 |
20 May 23:50 |
19 Apr 23:50 |