We expect GBPUSD to trend upwards later today. Based on these past Australia NAB Business Confidence news events there is a 71.43% chance of this. We expect this to happen if the released value is > 14. 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 |