We expect NG to trend upwards for the next 2 hours. Based on these past United Kingdom Balance of Trade news events there is a 80% chance of this. We expect this to happen because the released value is > £-3.2B. A price movement of 3 pips is expected.

Historical events that allowed us to draw this conclusion

11 Nov 07:00

09 Jul 11:00

11 Jun 06:00

12 May 06:00