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 |