Based on the last 12 Balance of Trade events in United Kingdom, we expect USDCHF to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 14 Jul 06:00 if the released value is < £-0.8B. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion
09 Apr 06:00 |
10 Dec 09:30 |
11 Nov 09:30 |