Based on past United Kingdom GfK Consumer Confidence news events there is a 75% chance of UB trending upwards. We expect this to happen because the released value is < -39. A price movement of 89 pips may be on the cards. Historical events that allowed us to draw this conclusion
22 Apr 02:10 |
25 Mar 00:01 |
25 Feb 00:01 |
21 Jan 00:01 |
21 Oct 23:01 |
19 Aug 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
