United Kingdom GfK Consumer Confidence News Event – a $312.072 opportunity on USDCAD

Past performance is not an indicator of future results.
We expect a $312.072 movement on USDCAD within the next 12 hours. We expect USDCAD to trend downwards 12 hours following the GfK Consumer Confidence events in United Kingdom release because the released value is > -15. A price movement of 41 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”).

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