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Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $110 movement on EURUSD within 4 hours following the event release at 18 Dec 11:01. We expect EURUSD to trend downwards 4 hours following the event release at 18 Dec 11:01 if the released value is > -31
Historical events that allowed us to draw this conclusion
25 Sep 09:01![]() |
22 May 09:01![]() |
24 Apr 09:01![]() |
31 Mar 10:01![]() |
28 Feb 11:01![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).