Based on the last 12 Balance of Trade events in United Kingdom, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 2023-04-13 06:00 if the released value is > £-4.9B. A price movement of 88 pips is expected.
Historical events that allowed us to draw this conclusion
10 Mar 07:00 |
13 Jan 07:00 |
12 Dec 07:00 |
11 Nov 07:00 |
12 Sep 06:00 |
11 Apr 06:00 |
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