18 pip movement on NZDUSD expected

Past performance is not an indicator of future results.
Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a 18 pip movement on NZDUSD for the next 48 hours. We expect NZDUSD to trend downwards for 48 hours because the released value is > -14

Historical events that allowed us to draw this conclusion

28 Feb 00:01
31 Jan 00:01
31 Aug 00:01
31 May 00:01

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

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