We expect CC to trend downwards today with a 71.43% chance.

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect CC to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect CC to trend downwards 12 hours following the event release at 02 Jul 23:01 if the released value is > -32. A price movement of 8,200 pips is expected.

Historical events that allowed us to draw this conclusion

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

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