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We expect a $4.584 movement on ZR within 48 hours following the event release at 29 Nov 00:01.

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $4.584 movement on ZR within 48 hours following the event release at 29 Nov 00:01. We expect ZR to trend upwards 48 hours following the event release at 29 Nov 00:01 if the released value is < -14 Historical events that allowed us to draw this conclusion

31 Oct 00:01
29 Aug 23:01
27 Jun 23:01
29 Apr 23:01

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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There is a 80% chance of ZR trending upwards

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Be very careful of upcoming volatility. We expect a $731.124 movement on USDCHF.

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