Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $113 movement on USDJPY within 4 hours following the event release at 2022-11-18 00:01. We expect USDJPY to trend upwards 4 hours following the event release at 2022-11-18 00:01 if the released value is > -51
Historical events that allowed us to draw this conclusion
20 Oct 23:01 |
21 Jul 23:01 |
19 Nov 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
