Based on the last 12 Balance of Trade events in United Kingdom, we expect a $0 movement on 6M within the next 48 hours. We expect 6M to trend upwards for 48 hours because the released value is < £-2.2B Historical events that allowed us to draw this conclusion
15 Jan 07:00 |
11 Sep 06:00 |
13 May 06:00 |
09 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
