Based on the last 12 KOF Leading Indicators events in Switzerland, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend upwards 12 hours following the event release at 28 Aug 17:00 if the released value is < 90. A price movement of 90 pips is expected. Historical events that allowed us to draw this conclusion

30 Jun 17:00
29 Nov 19:00
30 Sep 17:00

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