Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $2770 movement on GBPUSD within 48 hours following the event release at 2022-09-22 23:01. We expect GBPUSD to trend downwards 48 hours following the event release at 2022-09-22 23:01 if the released value is < -42 Historical events that allowed us to draw this conclusion
18 Aug 23:01 |
22 Apr 02:10 |
25 Mar 00:01 |
21 Jan 00:01 |
21 Oct 23:01 |
23 Sep 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
