GBPUSD may trend downwards from 05 Nov 00:30
We expect GBPUSD to trend downwards later today. Based on these past Australia Balance of Trade news events there is a 66.67% chance of this. We expect this to happen if the released value is > A$2.1B. A price movement of 11 pips is expected.Historical events that allowed us to draw this conclusion04 Jun 01:3005 Mar 00:3009 Jan 00:3007 Nov…