Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDCAD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < -42 Historical events that allowed us to draw this conclusion

24 Jun 09:01	20 May 09:01
25 Mar 11:01	25 Feb 11:01
24 Sep 09:01	20 Aug 09:01

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