We expect a $640 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend downwards 12 hours following the Consumer Confidence events in Switzerland release because the released value is < -16. A price movement of 64 pips is expected. Historical events that allowed us to draw this conclusion

05 Feb 17:45	04 Nov 17:45
02 Aug 15:45	02 May 15:45
02 Nov 17:45

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