Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect NQ to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NQ to trend upwards 2 hours following the event release at 2022-12-16 00:01 if the released value is > -43. A price movement of 4212 pips is expected.
Historical events that allowed us to draw this conclusion
18 Nov 00:01 |
20 Oct 23:01 |
17 Dec 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
