Based on the last 12 Balance of Trade events in United Kingdom, we expect EURUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 11 Feb 07:00 if the released value is > £ -3.1B. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
14 Jan 07:00 |
10 Dec 07:00 |
11 Nov 07:00 |
11 Jun 06:00 |
12 Mar 07:00 |