Based on the last 12 GDP Growth Rate QoQ Adv events in IT, we expect AUDUSD to trend up later today. Based on these past events there is a 75.0% of this.
We expect AUDUSD to trend up 2 hours following the event release at 30 Oct 09:00 if the released value is < 0.1%. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
14 Feb 09:00 |
12 Feb 09:00 |
13 Nov 09:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
