We expect GC to trend upwards later today. Based on these past Switzerland GDP Growth Rate QoQ news events there is a 80% chance of this. We expect this to happen if the released value is < 0.3%. A price movement of 1039 pips is expected. Historical events that allowed us to draw this conclusion
05 Sep 07:00 |
28 Feb 08:00 |
26 Nov 08:00 |
02 Sep 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
