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There is a 66.67% chance of HO trending downwards

Based on past United Kingdom GfK Consumer Confidence news events there is a 66.67% chance of HO trending downwards. We expect this to happen if the released value is < -12. A price movement of 3 pips is expected. Historical events that allowed us to draw this conclusion

22 Oct 23:01
20 Aug 23:01

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

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CORN JULY 2021 experienced a very large 24 days bullish move to 613.75

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