Based on the last 12 Balance of Trade events in United Kingdom, we expect a $0 movement on HG within the next 2 hours. We expect HG to trend downwards for 2 hours because the released value is < £0.5B Historical events that allowed us to draw this conclusion
13 May 06:00 |
09 Apr 06:00 |
10 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
