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We could see AUDUSD trend downwards right now.

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we could see AUDUSD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is < -40 Historical events that allowed us to draw this conclusion

19 May 23:01
22 Apr 02:10
21 Jan 00:01
21 Oct 23:01
19 Aug 23:01
24 Jun 23:01

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

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