Trade Balance; non-EU

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Sep 09, 08:30  Trade Balance; non-EU -£3.9B -£4.3B -£4.71B

Trade Balance; non-EU

The Trade Balance released by National Statistics is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.
Review Alex Nekritin's Article - Trading British Pound with UK Trade Balance



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