Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDJPY to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > -51

Historical events that allowed us to draw this conclusion

21 Oct 10:01	22 Jul 09:01
19 Nov 11:01

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