Are you on the right side of United Kingdom GfK Consumer Confidence news event?

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 21 Dec 00:01 if the released value is > -14. A price movement of 3 pips is expected.

Historical events that allowed us to draw this conclusion

31 May 00:01
29 Mar 00:01
31 Jan 00:01

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

Jetzt handeln