Are you on the right side of Switzerland KOF Leading Indicators news event?
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”).