Based on the last 12 Gfk Consumer Confidence events in GB, we expect a $150 movement on GBPUSD within the next 4 hours.
We expect GBPUSD to trend up for the next 4 hours because the released value is < -12
Historical events that allowed us to draw this conclusion
29 Nov 18:01 |
27 Sep 23:01 |
28 Jun 23:01 |
26 Apr 23:01 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
