Trade with an edge around todays United Kingdom Balance of Trade news event

Past performance is not an indicator of future results.
Based on past United Kingdom Balance of Trade news events there is a 71.43% chance of GBPUSD trending downwards. We expect this to happen because the released value is < £ -1.9B. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

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

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

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