Based on the last 12 Balance of Trade events in Australia, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 06 Oct 00:30 if the released value is < A$5.154B. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

04 Aug 01:30

05 Dec 00:30

03 Oct 01:30