Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a 40 pip movement on EURUSD for the next 12 hours. We expect EURUSD to trend upwards for 12 hours because the released value is < -18 Historical events that allowed us to draw this conclusion

21 Jan 11:01	22 Oct 10:01
25 Jun 09:01	23 Apr 09:01

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