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We expect a $1,870 movement on GBPUSD within 48 hours following the release of Consumer Confidence Flash at 19 Feb 02:00. We expect GBPUSD to trend upwards 48 hours following the event release at 19 Feb 02:00 if the released value is > -15. A price movement of 187 pips is expected.
Historical events that allowed us to draw this conclusion
22 Dec 02:00 |
21 Nov 02:00 |
23 Sep 00:00 |
22 Aug 00:00 |
23 Jun 00:00 |
24 Mar 02:00 |
21 Feb 02:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).