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There is a 66.67% chance of GF trending upwards

Based on past Australia Westpac Consumer Confidence Index news events there is a 66.67% chance of GF trending upwards. We expect this to happen because the released value is < 104. A price movement of 483 pips is expected. Historical events that allowed us to draw this conclusion

09 Jun 00:30
19 Jan 23:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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