Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDCAD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 20 Nov 00:01 if the released value is > -34. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

02 Jul 23:01

23 Apr 23:01

30 Mar 23:01

28 Feb 00:01

20 Dec 00:01