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There is a 80% chance of USDCHF trending downwards

Based on past United Kingdom GDP Growth Rate QoQ Prel news events there is a 80% chance of USDCHF trending downwards. A price movement of 47 could occur if the released value is < 1%. Historical events that allowed us to draw this conclusion

11 Feb 07:00
12 Nov 07:00
11 Nov 09:30
09 Aug 08:30

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

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We expect 6A to trend upwards today with a 66.67% chance.

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ZN could trend upwards for the next 48 hours.

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