United Kingdom GfK Consumer Confidence News Event – a possible $40 movement on EURUSD

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $40 movement on EURUSD within 2 hours following the event release at 31 Jan 00:01. We expect EURUSD to trend downwards 2 hours following the event release at 31 Jan 00:01 if the released value is > -9

Historical events that allowed us to draw this conclusion

20 Dec 00:01
26 Sep 23:01
30 Jul 23:01
29 Mar 00:01
28 Feb 00:01