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We expect DX to trend upwards for the next 4 hours.

We expect DX to trend upwards for the next 4 hours. Based on these past United Kingdom GfK Consumer Confidence news events there is a 75% chance of this. We expect this to happen because the released value is > -12. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

19 Mar 00:01
19 Feb 00:01
22 Jan 00:01
18 Dec 00:01
24 Sep 23:01
21 May 23:01

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

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