Based on the last 12 Employment Change events in Australia, we expect GBPUSD to trend downwards right now. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend downwards for the next 2 hours because the released value is > 35K. A price movement of 32 pips is expected.
Historical events that allowed us to draw this conclusion
18 Mar 00:30 |
15 Oct 00:30 |
17 Sep 01:30 |
13 Aug 01:30 |
16 Jul 01:30 |
16 Apr 01:30 |