United Kingdom GfK Consumer Confidence News Event – a possible $70 movement on AUDUSD

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a $70 movement on AUDUSD within 2 hours following the event release at 23 Sep 23:01. We expect AUDUSD to trend upwards 2 hours following the event release at 23 Sep 23:01 if the released value is < -8 Historical events that allowed us to draw this conclusion

19 Aug 23:01
24 Jun 23:01
22 Apr 23:01