United Kingdom GfK Consumer Confidence News Event – a $126.28 opportunity on USDJPY

Past performance is not an indicator of future results.
We expect a $126.28 movement on USDJPY within the next 4 hours. We expect USDJPY to trend downwards 4 hours following the GfK Consumer Confidence events in United Kingdom release because the released value is > -15. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

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

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

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