Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect RTY to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect RTY to trend upwards 4 hours following the event release at 2022-09-22 23:01 if the released value is < -42. A price movement of 1400 pips is expected. Historical events that allowed us to draw this conclusion
23 Jun 23:01 |
19 May 23:01 |
22 Apr 02:10 |
25 Mar 00:01 |
25 Feb 00:01 |
21 Oct 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
