Based on the last 12 GfK Consumer Confidence events in United Kingdom, USDJPY may trend downwards for the next 2 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is < -39 Historical events that allowed us to draw this conclusion

22 Apr 12:10	25 Mar 11:01
25 Feb 11:01	21 Jan 11:01
22 Oct 10:01	20 Aug 09:01

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