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Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDCHF to trend downwards. Based on these past events there is a 80% chance of this. We expect USDCHF to trend downwards for 4 hours because the released value is < -15. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion
22 Oct 10:01![]() |
20 Aug 09:01![]() |
25 Jun 09:01![]() |
23 Apr 09:01![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).





