HE could trend upwards later today. Based on these past United Kingdom GfK Consumer Confidence news events there is a 75% chance of this. This could happen only if the released value is > -39. The price movement may be as big as 121 pips.
Historical events that allowed us to draw this conclusion
17 Dec 00:01 |
20 May 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).