Based on past United Kingdom GfK Consumer Confidence news events there is a 75% chance of NG trending downwards. We expect this to happen because the released value is > -14. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jul 23:01 |
30 May 23:01 |
31 Jan 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
