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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”).