TradersNews 71.42% probability that GBPUSD will trend down on Thursday 22 Jul at 11:01 PM GMT if the GB Gfk Consumer Confidence number is greater than -8.

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This Thursday 22 Jul at 11:01 PM GMT the latest GB Gfk Consumer Confidence number will be released.
If the number is greater than than economists’ consensus there is a 71.42% probability that GBPUSD will trend down following the news event.

This probability is based on the last 12 GB Gfk Consumer Confidence events, in which 5 of the last 7 events where the actual number was greater than than the economist consensus resulted in an down trend of GBPUSD.

Here are images of the past events:

Thursday 20 May at 11:01 PM GMT:

Friday 19 Mar at 12:01 AM GMT:

Friday 19 Feb at 12:01 AM GMT:

Friday 22 Jan at 12:01 AM GMT:

Friday 18 Dec at 12:01 AM GMT:

Disclaimer: Past performance may not be indicative of future performance