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Germany Balance of Trade News Event – a possible $250 movement on GBPUSD

Based on the last 12 Balance of Trade events in Germany, we could see GBPUSD trend downwards right now. Based on historical events there is a 90% chance of this. This may happen because the released value is > €18.8B

Historical events that allowed us to draw this conclusion

08 Jan 07:00
04 Dec 07:00
03 Nov 07:00
05 Oct 06:00
03 Aug 06:00
05 Jun 06:00
04 May 06:00
02 Feb 07:00
05 Jan 07:00