Based on past GB Gfk Consumer Confidence news events there is a 75.0% of GBPUSD trending up
We expect this to happen if the released value is > -10. A price movement of 7 pips is expected.
Historical events that allowed us to draw this conclusion
30 Aug 23:01 |
30 May 23:01 |
31 Jan 00:01 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)