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We expect a $590 movement on GBPUSD within 2 hours following the release of Balance of Trade at 2023-01-13 07:00. We expect GBPUSD to trend upwards 2 hours following the event release at 2023-01-13 07:00 if the released value is > £-1.9B. A price movement of 59 pips is expected.
Historical events that allowed us to draw this conclusion
12 Dec 07:00 |
11 Nov 07:00 |
12 Sep 06:00 |
11 Apr 06:00 |
11 Feb 07:00 |
14 Jan 07:00 |
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