We expect GBPUSD to trend upwards for the next 48 hours. Based on these past Switzerland KOF Leading Indicators news events there is a 85.71% chance of this. We expect this to happen because the released value is > 119.5. A price movement of 146 pips is expected.

Historical events that allowed us to draw this conclusion

30 Mar 18:00	30 Dec 19:00
30 Nov 19:00	30 Sep 17:00
28 Aug 17:00	30 Jul 17:00

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