Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect GBPUSD to trend upwards right now. Based on these past events there is a 80% chance of this. This will happen because the released value is < 101 Historical events that allowed us to draw this conclusion
12 Mar 23:30 |
16 Jan 00:30 |
09 Oct 23:30 |
12 Sep 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
