Based on past United Kingdom GfK Consumer Confidence news events there is a 87.5% chance of BP trending downwards. We expect this to happen if the released value is > -29. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
18 Dec 00:01 |
24 Sep 23:01 |
02 Jul 23:01 |
21 May 23:01 |
23 Apr 23:01 |
30 Mar 23:01 |
28 Feb 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
