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We expect a $110 movement on GBPUSD within the next 2 hours.

We expect GBPUSD to trend upwards for the next 2 hours. Based on these past Australia NAB Business Confidence news events there is a 80% chance of this. We expect this to happen because the released value is < 8. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

12 Jul 01:30
14 Jun 01:30
10 May 01:30
14 Dec 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Esperamos un movimiento del $1970 en el EURUSD durante las próximas 48 horas.

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