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

Based on the last 12 Balance of Trade events in United States, we expect a $870 movement on GBPUSD within 4 hours following the event release at 2022-12-06 13:30. We expect GBPUSD to trend upwards 4 hours following the event release at 2022-12-06 13:30 if the released value is > $-80B

Historical events that allowed us to draw this conclusion

04 Aug 12:30
07 Jun 12:30
08 Feb 13:30

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

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D’après les 12 derniers événements de Balance Commerciale en États-Unis, nous attendons un mouvement de $476 sur USDCAD dans les 12 heures suivant la publication de l’événement à 2022-12-06 13:30.

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Important price line breached by EUR/USD. This price has been tested numerous times before.

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