We expect GBPUSD to trend upwards later today. Based on these past Australia NAB Business Confidence news events there is a 80% chance of this. We expect this to happen if the released value is > 1. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
13 Sep 01:30 |
09 Aug 01:30 |
12 Apr 01:30 |
08 Mar 00:30 |
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