TradersNews 75% probability that GBPUSD will trend up on Friday 28 Feb at 12:01 AM GMT if the GB Gfk Consumer Confidence number is less than -8.

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This Friday 28 Feb at 12:01 AM GMT the latest GB Gfk Consumer Confidence number will be released.
If the number is less than than economists’ consensus there is a 75% probability that GBPUSD will trend up following the news event.

This probability is based on the last 12 GB Gfk Consumer Confidence events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an up trend of GBPUSD.

Here are images of the past events:

Thursday 31 Oct at 12:01 AM GMT:

Thursday 27 Jun at 11:01 PM GMT:

Monday 29 Apr at 11:01 PM GMT:

Disclaimer: Past performance may not be indicative of future performance