43 pip movement on AUDUSD expected

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect AUDUSD to trend downwards 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 11:01
16 Dec 11:01
21 Oct 10:01
22 Jul 09:01

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