Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $120 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is < -16 Historical events that allowed us to draw this conclusion

24 Sep 09:01	20 Aug 09:01
25 Jun 09:01	23 Apr 09:01

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