Based on the last 12 Balance of Trade events in United Kingdom, we expect a $370 movement on GBPUSD within 2 hours following the event release at 10 Dec 07:00. We expect GBPUSD to trend upwards 2 hours following the event release at 10 Dec 07:00 if the released value is < £0.5B Historical events that allowed us to draw this conclusion
11 Sep 06:00 |
09 Apr 06:00 |
10 Dec 09:30 |