We expect a $118.048 movement on USDCHF within the next 2 hours. We expect USDCHF to trend downwards 2 hours following the GDP Growth Rate QoQ Adv events in Italy release because the released value is > 0.5%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jul 08:00

30 Apr 08:00

30 Oct 09:00

31 Jul 08:00

30 Apr 10:00

31 Oct 11:00

31 Jul 10:00