Based on past United Kingdom GfK Consumer Confidence news events there is a 75% chance of KC trending upwards. We expect this to happen if the released value is < -12. A price movement of 217 pips is expected. Historical events that allowed us to draw this conclusion
27 Jun 23:01 |
29 Apr 23:01 |
27 Sep 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
