Based on the last 12 KOF Leading Indicators events in Switzerland, we expect GBPUSD to trend upwards. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards for 12 hours because the released value is < 102. A price movement of 118 pips is expected. Historical events that allowed us to draw this conclusion

30 Oct 19:00

30 Jun 17:00

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