NAB Business Confidence

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Based on the last 12 NAB Business Confidence events in Australia, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 2023-04-11 01:30 if the released value is > -2. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

13 Sep 01:30
09 Aug 01:30
12 Apr 01:30

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