Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect USDCHF to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 31 Jan 21:00 if the released value is = 0.2%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jul 19:00	31 Jan 21:00
30 Jan 21:00	31 Oct 21:00
03 May 19:00