Retail Sales MoM

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Based on the last 12 Retail Sales MoM events in Australia, we expect GBPUSD to trend upwards later today. Based on these past events there is a 77.78% chance of this. We expect GBPUSD to trend upwards 48 hours following the event release at 2023-01-11 00:30 if the released value is > 0.6%. A price movement of 172 pips is expected.

Historical events that allowed us to draw this conclusion

11 Jan 00:30
05 Feb 00:30
04 Nov 00:30
02 Oct 01:30
04 Aug 01:30
03 Jul 01:30
04 Jun 01:30

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