Based on the last 12 GfK Consumer Confidence events in United Kingdom, S could trend upwards later today. Based on these past events there is a 66.67% chance of this. If the released value is > -40 we could see S trend upwards 48 hours following the event release at 23 Jun 23:01.
Historical events that allowed us to draw this conclusion
17 Dec 00:01 |
19 Nov 00:01 |
22 Jul 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).