Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect USDCHF to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCHF to trend downwards 12 hours following the event release at 30 Apr 15:30 if the released value is < -3.5%. A price movement of 67 pips is expected. Historical events that allowed us to draw this conclusion

31 Jan 17:30	30 Jul 15:30
27 Jul 15:30	27 Apr 15:30
28 Apr 15:30

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