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We expect GBPUSD to trend downwards right now.

We expect GBPUSD to trend downwards for the next 12 hours. Based on these past Japan Balance of Trade news events there is a 77.78% chance of this. We expect this to happen because the released value is > ¥ -280.0B. A price movement of 75 pips is expected.

Historical events that allowed us to draw this conclusion

20 Mar 23:50
20 Feb 23:50
19 Dec 23:50
15 Nov 23:50
18 Oct 23:50
19 Jul 23:50
17 May 23:50

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

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XRPBTC is quickly approaching a very important level it has previously tested numerous times in the past

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We expect KC to trend downwards with a 77.78% chance.

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