Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, we may expect USDCHF to trend downwards right now. Based on these past events there is a 71.43% chance of this. We made this conclusion because the released value is > 0.1%. A price movement of 227 pips may be experienced.
Historical events that allowed us to draw this conclusion
15 May 06:00 |
13 Feb 07:00 |
10 May 06:00 |
10 Nov 07:00 |
11 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
