GBPUSD Technical Analysis 2014, 04.05 - 11.05: Bullish - page 2
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newdigital, 2014.05.09 12:09
2014-05-09 08:30 GMT (or 10:30 MQ MT5 time) | [GBP - Trade Balance]
if actual > forecast = good for currency (for GBP in our case)
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U.K. March Visible Trade Deficit Narrows
The visible trade deficit narrowed on higher exports in March, the Office for National Statistics showed Friday.
The visible trade gap came in at GBP 8.5 billion in March compared to GBP 8.7 billion in February. The deficit on trade in goods was expected to widen to GBP 9 billion.
Exports of goods increased 4.9 percent month-on-month in March and imports gained 2.8 percent from February.
At the same time, the surplus on trade in services increased to GBP 7.2 billion from GBP 7 billion in the prior month.
As a result, the combined trade balance showed a shortfall of GBP 1.3 billion, smaller than February's GBP 1.7 billion deficit.
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GBPUSD M5 : 25 pips price movement by GBP - Trade Balance news event