Based on the last 12 Balance of Trade events in United Kingdom, we expect a $0 movement on BP within 2 hours following the event release at 11 Feb 07:00. We expect BP to trend upwards 2 hours following the event release at 11 Feb 07:00 if the released value is < £ -3.1B Historical events that allowed us to draw this conclusion
13 Oct 06:00 |
10 Sep 06:00 |
12 Aug 06:00 |
13 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).