Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect PL to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect PL to trend upwards 2 hours following the event release at 2022-10-20 23:01 if the released value is > -52. A price movement of 630 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 00:01 |
19 Nov 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
