Based on the last 12 Consumer Confidence events in Japan, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 03 Mar 05:00 if the released value is < 40.6. A price movement of 23 pips is expected. Historical events that allowed us to draw this conclusion

02 Oct 05:00

29 Aug 05:00

01 Jul 05:00

31 May 05:00

08 Apr 05:00

01 Mar 05:00