Based on the last 12 Balance of Trade events in Australia, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend downwards 48 hours following the event release at 2025-05-01 01:30 if the released value is > A$3.90B. A price movement of 155 pips is expected.
Historical events that allowed us to draw this conclusion
09 Jan 00:30 |
03 Oct 01:30 |
05 Sep 01:30 |
01 Aug 01:30 |
06 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
