Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a 175 pip movement on S within 4 hours following the event release at 24 Jun 23:01 UTC. We expect S to trend upwards 4 hours following the event release at 24 Jun 23:01 UTC if the released value is < -7 Historical events that allowed us to draw this conclusion
22 Oct 23:01 |
20 Aug 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
