Balance of Trade

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Based on the last 12 Balance of Trade events in United Kingdom, we expect a 126 pip movement on GBPUSD within 12 hours following the event release at 2023-03-10 07:00. We expect GBPUSD to trend upwards 12 hours following the event release at 2023-03-10 07:00 if the released value is > £-6.1B

Historical events that allowed us to draw this conclusion

13 Jan 07:00
12 Dec 07:00
11 Nov 07:00
12 Oct 06:00
12 Sep 06:00
11 Apr 06:00

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