Based on the last 12 Balance of Trade events in United Kingdom, we expect GBPUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > £-2.7B
Historical events that allowed us to draw this conclusion
10 Dec 07:00 |
11 Nov 07:00 |
11 Jun 06:00 |
12 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
