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We expect 6E to trend upwards right now.

Based on the last 12 Balance of Trade events in United Kingdom, we expect 6E to trend upwards right now. Based on these past events there is a 71.43% chance of this. We expect 6E to trend upwards for the next 48 hours because the released value is > £-1.0B. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

09 Oct 06:00
12 Aug 06:00
14 Jul 06:00
12 Jun 06:00
13 Jan 09:30

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

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