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Based on the last 12 Consumer Confidence events in Japan, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend downwards 48 hours following the event release at 2023-01-31 05:00 if the released value is > 30.5. A price movement of 136 pips is expected.
Historical events that allowed us to draw this conclusion
31 Aug 05:00 |
31 May 05:00 |
02 May 05:00 |
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