Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $10.138 movement on USDCHF within 2 hours following the event release at 29 Aug 23:01. We expect USDCHF to trend downwards 2 hours following the event release at 29 Aug 23:01 if the released value is > -12
Historical events that allowed us to draw this conclusion
30 May 23:01 |
28 Feb 00:01 |
31 Jan 00:01 |
30 Aug 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
