Based on past DE Balance of Trade news events there is a 85.7% of GBPUSD trending up
We expect this to happen because the released value is < €19.1B. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
07 Sep 06:00 |
07 Aug 06:00 |
09 Jul 06:00 |
09 Apr 06:00 |
08 Dec 07:00 |
10 Oct 06:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
