Based on the last 12 Employment Change events in Australia, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 16 Jul 01:30 if the released value is > 112.5K. A price movement of 108 pips is expected.
Historical events that allowed us to draw this conclusion
16 Apr 01:30 |
19 Mar 00:30 |
20 Feb 00:30 |
23 Jan 00:30 |
15 Aug 01:30 |