Based on the last 12 Balance of Trade events in Australia, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < A$12B Historical events that allowed us to draw this conclusion
11 Jan 00:30 |
01 Jul 01:30 |
04 May 01:30 |
01 Apr 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
