We could see ES trend downwards right now.

Based on the last 12 Balance of Trade events in United Kingdom, we could see ES trend downwards right now. Based on historical events there is a 71.43% chance of this. This may happen because the released value is > £-11.8B

Historical events that allowed us to draw this conclusion

11 Apr 06:00

11 Feb 07:00

14 Jan 07:00

11 Nov 07:00

11 Jun 06:00

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