Want to know why GBPUSD is going downwards for the next 2 hours?
Based on past Australia Balance of Trade news events there is a 87.5% chance of GBPUSD trending downwards. We expect this to happen because the released value is > A$10.1B. A price movement of 26 pips is expected.Historical events that allowed us to draw this conclusion04 Aug 01:3002 Jun 01:3005 May 01:3003 Mar 00:3002 Dec 00:3004 Nov 00:3005 Oct 00:30