Based on past Australia Westpac Consumer Confidence Index news events there is a 66.67% chance of GF trending upwards. We expect this to happen because the released value is < 104. A price movement of 483 pips is expected. Historical events that allowed us to draw this conclusion
09 Jun 00:30 |
19 Jan 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).