What to trade around Japan Consumer Confidence news event
Based on past Japan Consumer Confidence news events there is a 80% chance of GBPUSD trending downwards. We expect this to happen because the released value is > 33. A price movement of 22 pips is expected.Historical events that allowed us to draw this conclusion31 May 15:0002 May 15:0001 Oct 15:0002 Aug 15:00 All references to movement sizes are expressed…