85.71% probability that GBPUSD will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 Balance of Trade events in United Kingdom, we expect GBPUSD to trend downwards for the next 4 hours. Based on these past events there is a 85.71% chance of this. This will happen because the released value is < £-3.5B

Historical events that allowed us to draw this conclusion

11 Feb 09:30

10 Dec 09:30

10 Oct 09:30

10 Jul 09:30

11 Jun 09:30

10 May 09:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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