Based on past Australia Balance of Trade news events there is a 87.5% chance of GBPUSD trending downwards. A price movement of 307 could occur if the released value is > A$9.3B.
Historical events that allowed us to draw this conclusion
05 May 01:30 |
03 Mar 00:30 |
02 Dec 00:30 |
04 Nov 00:30 |
05 Oct 00:30 |
05 Aug 01:30 |
03 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
