Based on the last 12 Balance of Trade events in Australia, we expect a $190 movement on GBPUSD within 2 hours following the event release at 03 Mar 00:30. We expect GBPUSD to trend downwards 2 hours following the event release at 03 Mar 00:30 if the released value is > A$9.05B
Historical events that allowed us to draw this conclusion
02 Dec 00:30 |
04 Nov 00:30 |
05 Oct 00:30 |
05 Aug 01:30 |
03 Jun 01:30 |