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We expect 6C to trend upwards right now.

Based on the last 12 Balance of Trade events in United Kingdom, we expect 6C to trend upwards right now. Based on these past events there is a 80% chance of this. We expect 6C to trend upwards for the next 48 hours because the released value is < £-4.2B. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

10 Dec 07:00
11 Sep 06:00
13 May 06:00
09 Apr 06:00

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

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