Are you on the right side of Australia Retail Sales MoM news event?

Past performance is not an indicator of future results.
Based on the last 12 Retail Sales MoM events in Australia, we expect GBPUSD to trend upwards. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend upwards for 2 hours because the released value is > 0.2%. A price movement of 4 pips is expected.

Historical events that allowed us to draw this conclusion

11 Jan 00:30

06 Dec 00:30

03 Aug 02:30

04 Jun 02:30

04 Apr 02:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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