Based on the last 12 Unemployment Rate events in Australia, we expect GBPUSD to trend downwards later today. Based on these past events there is a 70% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 17 Mar 00:30 if the released value is < 4.1%. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion
16 Dec 00:30 |
16 Sep 01:30 |
19 Aug 01:30 |
15 Jul 01:30 |
20 May 01:30 |
15 Apr 01:30 |
18 Mar 00:30 |