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We expect GBPUSD to trend downwards today with a 75% chance.

We expect GBPUSD to trend downwards later today. Based on these past Japan Balance of Trade news events there is a 75% chance of this. We expect this to happen if the released value is > ¥-3871.5B. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

18 Jan 23:50
19 Oct 23:50
18 May 23:50

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

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Esperamos un movimiento en $678777 del NQ dentro de 4 horas siguiendo la publicación de Balanza Comercial el 2023-02-15 23:50.

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We expect KW to trend downwards today with a 75% chance.

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