Based on the last 12 Balance of Trade events in United Kingdom, we expect NZDUSD to trend upwards right now. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards for the next 2 hours because the released value is < £-1.2B. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion
10 Dec 07:00 |
11 Sep 06:00 |
09 Apr 06:00 |