United Kingdom Balance of Trade News Event – a possible $100 movement on NZDUSD

Past performance is not an indicator of future results.
Based on the last 12 Balance of Trade events in United Kingdom, we expect a $100 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards for 12 hours because the released value is < £-3.5B

Historical events that allowed us to draw this conclusion

11 Feb 09:30
11 Jan 09:30
10 Dec 09:30
10 Oct 09:30
11 Jun 09:30

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