Trade with an edge around todays Australia Balance of Trade news event

Based on past Australia Balance of Trade news events there is a 75% chance of GBPUSD trending downwards. We expect this to happen if the released value is > A$10.6B. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

04 Nov 00:30
05 Oct 00:30
02 Sep 01:30
05 Aug 01:30
03 Jun 01:30
04 Feb 00:30

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