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 75% chance of this. We expect AUDUSD to trend downwards for the next 2 hours because the released value is > -27. A price movement of 54 pips is expected.

Historical events that allowed us to draw this conclusion

22 Jan 11:01	18 Dec 11:01
25 Sep 09:01	03 Jul 09:01
24 Apr 09:01	31 Mar 10:01

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