We expect a $203 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards 4 hours following the GfK Consumer Confidence events in United Kingdom release because the released value is < -42. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion

19 Aug 09:01	20 May 09:01
22 Apr 12:10	25 Mar 11:01
21 Jan 11:01	24 Sep 09:01

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