Based on the last 12 Balance of Trade events in Australia, we could see GBPUSD trend upwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is < A$7B Historical events that allowed us to draw this conclusion
07 Nov 00:30 |
02 May 01:30 |
07 Mar 00:30 |
05 Feb 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
