Based on the last 12 GfK Consumer Confidence events in United Kingdom, a $160 movement could occur on GBPUSD within 2 hours following the event release at 19 May 23:01. We expect GBPUSD to trend upwards 2 hours following the event release at 19 May 23:01 if the released value is > -39

Historical events that allowed us to draw this conclusion

17 Dec 00:01

19 Nov 00:01

22 Jul 23:01