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We expect a 887 pip movement on ES within 4 hours following the event release.

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect ES to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > -35

Historical events that allowed us to draw this conclusion

24 Feb 00:01
16 Dec 00:01
18 Nov 00:01
20 Oct 23:01

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Esperamos un movimiento de 43 pips en el AUDUSD dentro de unas 12 horas posteriores a la publicación del evento.

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