Based on past United Kingdom Balance of Trade news events there is a 75% chance of 6S trending upwards. We expect this to happen if the released value is < £1.2B. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
09 Apr 06:00 |
10 Dec 09:30 |
11 Nov 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
