Trade with an edge around todays Australia Retail Sales MoM news event

Past performance is not an indicator of future results.
Based on past Australia Retail Sales MoM news events there is a 71.43% chance of GBPUSD trending upwards. We expect this to happen 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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