United Kingdom GfK Consumer Confidence News Event – a possible $220.196 movement on USDCHF

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $220.196 movement on USDCHF within the next 4 hours. We expect USDCHF to trend downwards for 4 hours because the released value is < -33 Historical events that allowed us to draw this conclusion

25 Mar 11:01
25 Feb 11:01
21 Jan 11:01
22 Oct 10:01
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”).