Based on the last 12 Consumer Confidence events in Japan, we could see a $200 movement on GBPUSD within the next 2 hours. We may see GBPUSD trend upwards for 2 hours because the released value is < 33 Historical events that allowed us to draw this conclusion

03 Mar 16:00	31 Jan 16:00
05 Jan 16:00	02 Dec 16:00
31 Aug 15:00

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