GBPUSD may trend upwards right now
Based on past United Kingdom Balance of Trade news events there is a 85.71% chance of GBPUSD trending upwards. We expect this to happen because the released value is > £-8.4B. A price movement of 59 pips is expected.Historical events that allowed us to draw this conclusion12 Sep 06:0011 Apr 06:0011 Feb 07:0014 Jan 07:0010 Dec 07:0011 Nov 07:00