We expect NZDUSD to trend upwards later today. Based on these past United Kingdom GfK Consumer Confidence news events there is a 66.67% chance of this. We expect this to happen if the released value is > -8. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

29 Mar 11:01

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