What to trade around United Kingdom GfK Consumer Confidence news event

Past performance is not an indicator of future results.
Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDCHF to trend downwards right now. Based on these past events there is a 80% chance of this. We expect USDCHF to trend downwards for the next 12 hours because the released value is > -14. A price movement of 33 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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