Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a 62 pip movement on GBPUSD within 2 hours following the event release at 11 Feb 23:30 UTC. We expect GBPUSD to trend upwards 2 hours following the event release at 11 Feb 23:30 UTC if the released value is < 94.3 Historical events that allowed us to draw this conclusion
21 Jan 23:30 |
10 Dec 23:30 |
09 Oct 00:30 |
12 Mar 23:30 |