What to trade around Australia Westpac Consumer Confidence Index news event

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect GBPUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards for the next 2 hours because the released value is < 110. A price movement of 6 pips is expected. Historical events that allowed us to draw this conclusion

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