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There is a 77.78% chance of USDCHF trending downwards

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect USDCHF to trend downwards later today. Based on these past events there is a 77.78% chance of this. This may happen if the released value is < -42 Historical events that allowed us to draw this conclusion

23 Jun 23:01
19 May 23:01
25 Mar 00:01
21 Jan 00:01
21 Oct 23:01
23 Sep 23:01
19 Aug 23:01

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

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XRPUSD is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 8 days.

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