16 pip movement on USDCHF expected

Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect a 16 pip movement on USDCHF within 2 hours following the event release at 30 Sep 16:00 GMT+10. We expect USDCHF to trend downwards 2 hours following the event release at 30 Sep 16:00 GMT+10 if the released value is = -20.4%

Historical events that allowed us to draw this conclusion

28 Sep 18:30
22 Dec 20:30
29 Sep 18:30

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