Trade with an edge around todays Australia NAB Business Confidence news event
Based on past Australia NAB Business Confidence news events there is a 75% chance of GBPUSD trending upwards. We expect this to happen if the released value is > 0. A price movement of 10 pips is expected.
Historical events that allowed us to draw this conclusion
|11 Jun 11:30
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).