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 05 Feb 00:30 if the released value is < -4.2%. A price movement of 4 pips is expected. Historical events that allowed us to draw this conclusion

04 Sep 01:30

06 Mar 00:30

05 Dec 00:30