Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect GC to trend upwards. Based on these past events there is a 66.67% chance of this. We expect GC to trend upwards for 12 hours because the released value is < -26. A price movement of 2,069 pips is expected. Historical events that allowed us to draw this conclusion
05 Apr 23:01 |
31 Oct 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
