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Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $1,530 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend upwards for 48 hours because the released value is > 100.5
Historical events that allowed us to draw this conclusion
30 Nov 19:00 |
30 Sep 17:00 |
28 Aug 17:00 |
30 Jul 17:00 |
30 Mar 18:00 |
30 Jan 19:00 |
30 Dec 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).