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We expect KC to trend downwards for the next 12 hours.

We expect a $431 movement on KC within the next 12 hours. We expect KC to trend downwards 12 hours following the GDP Growth Rate QoQ Prel events in United Kingdom release because the released value is < -0.2%. A price movement of 197 pips is expected. Historical events that allowed us to draw this conclusion

12 May 06:00
11 Feb 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 a 34 pip movement on USDCHF for the next 12 hours.

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