75% probability that EURUSD may trend downwards

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $1220 movement on EURUSD within 48 hours following the event release at 2023-02-24 11:01. We expect EURUSD to trend downwards 48 hours following the event release at 2023-02-24 11:01 if the released value is > -43

Historical events that allowed us to draw this conclusion

16 Dec 11:01
18 Nov 11:01
22 Jul 09:01

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