United Kingdom Balance of Trade News Event – a possible $140 movement on EURUSD

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $140 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is > £ -3.1B

Historical events that allowed us to draw this conclusion

14 Jan 07:00
10 Dec 07:00
11 Nov 07:00
11 Jun 06:00
12 Mar 07:00