Based on the last 12 GfK Consumer Confidence events in United Kingdom, we could see AUDUSD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is < -40 Historical events that allowed us to draw this conclusion
19 May 23:01 |
22 Apr 02:10 |
21 Jan 00:01 |
21 Oct 23:01 |
19 Aug 23:01 |
24 Jun 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).