Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect BR to trend downwards. Based on these past events there is a 83.33% chance of this. We expect BR to trend downwards for 48 hours because the released value is < 0.5%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
06 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
