Based on past United Kingdom GfK Consumer Confidence news events there is a 80% chance of RU trending downwards. We expect this to happen if the released value is < -8. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
24 Jun 23:01 |
22 Oct 23:01 |
20 Aug 23:01 |
23 Jul 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
