United Kingdom GfK Consumer Confidence News Event – a possible $400 movement on NZDUSD

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $400 movement on NZDUSD within 2 hours following the event release at 19 Feb 00:01. We expect NZDUSD to trend downwards 2 hours following the event release at 19 Feb 00:01 if the released value is > -27

Historical events that allowed us to draw this conclusion

22 Jan 00:01
18 Dec 00:01
24 Sep 23:01
02 Jul 23:01
21 May 23:01
23 Apr 23:01
30 Mar 23:01