Based on the last 12 KOF Leading Indicators events in Switzerland, GBPUSD could trend upwards later today. Based on these past events there is a 71.43% chance of this. If the released value is < 96.3 we could see GBPUSD trend upwards 4 hours following the event release at 30 Jun 17:00. Historical events that allowed us to draw this conclusion
30 May 17:00 |
30 Mar 18:00 |
28 Feb 19:00 |
30 Jul 17:00 |
30 Jun 17:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).