What to trade around Australia Retail Sales MoM news event
Based on the last 12 Retail Sales MoM events in Australia, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 06 Mar 00:30 if the released value is > 0%. A price movement of 11 pips…