74 pip movement on NZDUSD expected

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a 74 pip movement on NZDUSD within 48 hours following the event release at 24 Sep 09:01 GMT+10. We expect NZDUSD to trend upwards 48 hours following the event release at 24 Sep 09:01 GMT+10 if the released value is < -8 Historical events that allowed us to draw this conclusion

20 Aug 09:01
23 Apr 09:01
23 Oct 10:01

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