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We expect a $10.138 movement on USDCHF within 2 hours following the event release at 29 Aug 23:01.

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”).

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