Based on past United Kingdom Balance of Trade news events there is a 66.67% chance of GI trending upwards. We expect this to happen because the released value is < £-2.2B. A price movement of 2,255 pips is expected. Historical events that allowed us to draw this conclusion
10 May 08:30 |
10 Apr 08:30 |
12 Mar 09:30 |
11 Feb 09:30 |
11 Jan 09:30 |
10 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
