Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards for the next 2 hours because the released value is > -15. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

28 Feb 11:01	31 Jul 09:01
31 May 09:01	29 Mar 11:01

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