Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDCAD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > -18

Historical events that allowed us to draw this conclusion

17 Dec 11:01	23 Jul 09:01
21 May 09:01	19 Mar 11:01
19 Feb 11:01

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