Based on the last 12 Balance of Trade events in United Kingdom, we expect a 371 pip movement on GF within 4 hours following the event release at 10 Dec 07:00 UTC. We expect GF to trend downwards 4 hours following the event release at 10 Dec 07:00 UTC if the released value is > £0.5B
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
