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Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $170 movement on NZDUSD within 2 hours following the event release at 23 Apr 09:01. We expect NZDUSD to trend downwards 2 hours following the event release at 23 Apr 09:01 if the released value is > -12
Historical events that allowed us to draw this conclusion
19 Mar 11:01 |
19 Feb 11:01 |
22 Jan 11:01 |
18 Dec 11:01 |
25 Sep 09:01 |
03 Jul 09:01 |
22 May 09:01 |
24 Apr 09:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).