Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaGreat Britain will publish its trade balance for April on June 11, at 09:00 MT time. This indicator shows the difference in value between exports and imports. If the number is positive, the country has more exported goods than imported. The British trade deficit reached GBP 2 billion in March, despite analysts’ expectations of GBP -6.1 billion. According to current forecasts, the trade balance fell to GBP -3.2 billion in April.
At first, visit the economic calendar. Find this release and check the estimates. Right after the release, compare the actual figures with the forecasts and follow the steps below.
Instruments to trade: GBP/USD, EUR/GBP, GBP/JPY
