Based on the last 12 Consumer Confidence events in Switzerland, we expect a $760 movement on GBPUSD within 2 hours following the event release at 05 Nov 17:45. We expect GBPUSD to trend upwards 2 hours following the event release at 05 Nov 17:45 if the released value is > -8

Historical events that allowed us to draw this conclusion

04 Aug 15:45	01 Nov 17:45
01 Feb 17:45

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