Based on the last 12 Balance of Trade events in United Kingdom, we may see a 2,562 pip movement on S within 12 hours following the event release at 13 Jun 06:00 UTC. S may trend upwards 12 hours following the event release at 13 Jun 06:00 UTC if the released value is < £-11.8B Historical events that allowed us to draw this conclusion
12 May 06:00 |
11 Mar 07:00 |
10 Sep 06:00 |
12 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
