Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDJPY to trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is > -27

Historical events that allowed us to draw this conclusion

22 Jan 11:01	18 Dec 11:01
20 Nov 11:01	25 Sep 09:01
22 May 09:01	24 Apr 09:01
31 Mar 10:01

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