What to trade around United Kingdom GfK Consumer Confidence news event

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $260 movement on EURUSD within 4 hours following the event release at 2022-09-23 09:01. We expect EURUSD to trend upwards 4 hours following the event release at 2022-09-23 09:01 if the released value is < -42 Historical events that allowed us to draw this conclusion

24 Jun 09:01
22 Apr 12:10
25 Mar 11:01
25 Feb 11:01
21 Jan 11:01
22 Oct 10:01
24 Sep 09:01

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