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There is a 83.33% chance of SI trending upwards

Based on past United Kingdom Balance of Trade news events there is a 83.33% chance of SI trending upwards. We expect this to happen if the released value is > £-4.8B. A price movement of 191 pips is expected.

Historical events that allowed us to draw this conclusion

12 Nov 07:00
09 Oct 06:00
12 Aug 06:00
12 Jun 06:00
11 Mar 09:30

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

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