Based on the last 12 Inflation Rate YoY events in Australia, GBPUSD may trend upwards for the next 48 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is < 2.9% Historical events that allowed us to draw this conclusion
31 Jan 00:30 |
27 Jul 01:30 |
27 Oct 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).