Based on the last 12 Balance of Trade events in Germany, GBPUSD may trend downwards for the next 2 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is < €15.4B Historical events that allowed us to draw this conclusion
06 Jun 06:00 |
07 Apr 06:00 |
10 Mar 07:00 |
13 Dec 07:00 |
07 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
