Based on the last 12 Balance of Trade events in United Kingdom, we expect HG to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > £-2.2B
Historical events that allowed us to draw this conclusion
09 Jul 11:00 |
11 Jun 06:00 |
12 Nov 07:00 |
09 Oct 06:00 |
12 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
