We expect a $250 movement on GBPUSD within 2 hours following the release of NAB Business Confidence at 14 Sep 01:30. We expect GBPUSD to trend upwards 2 hours following the event release at 14 Sep 01:30 if the released value is > -13. A price movement of 25 pips is expected.
Historical events that allowed us to draw this conclusion
09 Mar 00:30 |
09 Feb 00:30 |
08 Dec 00:30 |
10 Nov 00:30 |
05 Oct 00:30 |