What to trade around United Kingdom Balance of Trade news event
Based on the last 12 Balance of Trade events in United Kingdom, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 12 Feb 07:00 if the released value is < £-4.2B. A price movement of 36…