Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect AUDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 19 Nov 00:01 if the released value is > -18. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

20 May 23:01

19 Mar 00:01

19 Feb 00:01

22 Jan 00:01

18 Dec 00:01