We expect a $150 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the GDP Growth Rate QoQ events in Australia release because the released value is > 1%. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
01 Jun 01:30 |
02 Mar 00:30 |
01 Sep 01:30 |
02 Jun 01:30 |
02 Dec 00:30 |
04 Mar 00:30 |