Based on past United Kingdom GfK Consumer Confidence news events there is a 75% chance of USDCAD trending upwards. We expect this to happen if the released value is < -40. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

19 Aug 09:01	24 Jun 09:01
20 May 09:01	22 Apr 12:10
25 Mar 11:01	21 Jan 11:01

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