Past performance is not an indicator of future results.
Based on past United Kingdom GfK Consumer Confidence news events there is a 80% chance of USDCHF trending downwards. We expect this to happen because the released value is > -14. A price movement of 4 pips is expected.
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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