Based on past United Kingdom GfK Consumer Confidence news events there is a 66.67% chance of LE trending upwards. We expect this to happen if the released value is < -28. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
20 Aug 23:01 |
23 Jul 23:01 |
05 Apr 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
