Based on past United Kingdom GfK Consumer Confidence news events there is a 66.67% chance of ES trending downwards. We expect this to happen because the released value is < -42. A price movement of 1187 pips is expected. Historical events that allowed us to draw this conclusion
25 Feb 00:01 |
21 Jan 00:01 |
23 Sep 23:01 |
19 Aug 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
