We expect BP to trend upwards later today. Based on these past Australia Westpac Consumer Confidence Index news events there is a 66.67% chance of this. We expect this to happen if the released value is < 110. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
19 Jan 23:30 |
10 Nov 23:30 |
15 Jul 00:30 |
10 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
