Based on the last 12 Balance of Trade events in United Kingdom, we expect a 5 pip movement on FV for the next 2 hours. We expect FV to trend upwards for 2 hours because the released value is > £-2.3B
Historical events that allowed us to draw this conclusion
09 Aug 08:30 |
10 Jul 08:30 |
09 Nov 09:30 |
10 Sep 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
