We expect a $662.4 movement on USDCHF within the next 12 hours. We expect USDCHF to trend upwards 12 hours following the GDP Growth Rate QoQ Adv events in Italy release because the released value is > 1.3%. A price movement of 60 pips is expected.

Historical events that allowed us to draw this conclusion

30 Apr 18:00	02 Feb 20:00
30 Oct 20:00	31 Jul 18:00
31 Jul 20:00	30 Apr 20:00

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