Based on past Japan Consumer Confidence news events there is a 80% chance of GBPUSD trending downwards. We expect this to happen because the released value is > 33. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

31 May 15:00	02 May 15:00
01 Oct 15:00	02 Aug 15:00

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