Australia Balance of Trade News Event – a possible $60 movement on GBPUSD

Based on the last 12 Balance of Trade events in Australia, we expect a $60 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards for 2 hours because the released value is < A$6B Historical events that allowed us to draw this conclusion

06 Oct 00:30
03 Sep 01:30
02 Jul 01:30
06 Feb 00:30