United Kingdom Balance of Trade News Event – a possible $170 movement on AUDUSD

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $170 movement on AUDUSD within 2 hours following the event release at 13 Oct 06:00. We expect AUDUSD to trend upwards 2 hours following the event release at 13 Oct 06:00 if the released value is > £-2.8B

Historical events that allowed us to draw this conclusion

09 Jul 11:00
11 Jun 06:00
12 May 06:00
12 Nov 07:00
09 Oct 06:00