Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 21 May 09:01 if the released value is < -12. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

23 Apr 09:01	21 Aug 09:01
24 Jul 09:01

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