Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a 58 pip movement on EURUSD within 12 hours following the event release at 2022-12-16 11:01. We expect EURUSD to trend downwards 12 hours following the event release at 2022-12-16 11:01 if the released value is > -43

Historical events that allowed us to draw this conclusion

21 Oct 10:01	22 Jul 09:01
17 Dec 11:01

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