Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $273 movement on USDCAD within 12 hours following the event release at 2023-02-24 00:01. We expect USDCAD to trend upwards 12 hours following the event release at 2023-02-24 00:01 if the released value is > -43
Historical events that allowed us to draw this conclusion
16 Dec 00:01 |
18 Nov 00:01 |
20 Oct 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
