Trade with an edge around todays Australia Balance of Trade news event
Based on past Australia Balance of Trade news events there is a 71.43% chance of GBPUSD trending downwards. We expect this to happen because the released value is > A$9.05B. A price movement of 19 pips is expected.Historical events that allowed us to draw this conclusion02 Dec 11:3004 Nov 11:3005 Oct 11:3005 Aug 11:3003 Jun 11:30 All references to movement…
