Receive the latest alerts via email

We expect S to trend upwards today with a 75% chance.

Based on the last 12 Balance of Trade events in United Kingdom, we expect S to trend upwards later today. Based on these past events there is a 75% chance of this. We expect S to trend upwards 12 hours following the event release at 11 Mar 07:00 if the released value is < £-3.7B. A price movement of 1,800 pips is expected. Historical events that allowed us to draw this conclusion

10 Sep 06:00
12 Aug 06:00
13 Apr 06:00

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

Total
0
Shares
Previous Post

NZD/USD hits 0.687 after a 3.87% move spanning 26 days

Next Post

Could a large bearish move on Feeder Cattle APRIL 2022 be a sign of things to come?

ARTÍCULOS RELACIONADOS