Based on the last 12 NAB Business Confidence events in Australia, we expect a $250 movement on GBPUSD within 2 hours following the event release at 12 Oct 00:30. We expect GBPUSD to trend upwards 2 hours following the event release at 12 Oct 00:30 if the released value is > -2
Historical events that allowed us to draw this conclusion
14 Sep 01:30 |
09 Mar 00:30 |
09 Feb 00:30 |
08 Dec 00:30 |
10 Nov 00:30 |
05 Oct 00:30 |