Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect GBPUSD to trend downwards right now. Based on these past events there is a 75% chance of this. This may happen because the released value is > -12

Historical events that allowed us to draw this conclusion

19 Mar 11:01	19 Feb 11:01
22 Jan 11:01	18 Dec 11:01
03 Jul 09:01	22 May 09:01

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