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We expect GBPUSD to trend downwards with a 75% chance.

Based on the last 12 Unemployment Rate events in Australia, we expect GBPUSD to trend downwards. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend downwards for 48 hours because the released value is < 5.3%. A price movement of 158 pips is expected. Historical events that allowed us to draw this conclusion

21 Mar 00:30
15 Nov 00:30
18 Oct 00:30

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

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We expect AUDUSD to trend upwards right now.

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AUD/USD has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 7 days.

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