United Kingdom Balance of Trade News Event – a possible $270 movement on GBPUSD

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $270 movement on GBPUSD within 2 hours following the event release at 14 Jan 07:00. We expect GBPUSD to trend downwards 2 hours following the event release at 14 Jan 07:00 if the released value is > £-2.7B

Historical events that allowed us to draw this conclusion

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