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We expect NIY to trend upwards right now.

Based on the last 12 Balance of Trade events in Germany, NIY may trend upwards for the next 4 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is < €21B Historical events that allowed us to draw this conclusion

13 Dec 07:00
07 Nov 07:00
07 Aug 06:00
07 May 06:00
08 Apr 06:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a 26 pip movement on GBPUSD for the next 2 hours.

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