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We expect BP to trend upwards right now.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect BP to trend upwards right now. Based on these past events there is a 71.43% chance of this. We expect BP to trend upwards for the next 4 hours because the released value is > 93.5. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

11 Sep 00:30
15 May 00:30
10 Apr 00:30
12 Feb 23:30
11 Dec 23:30

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

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There is a 71.43% chance of USDCAD trending downwards

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