Based on past Australia GDP Growth Rate QoQ news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen if the released value is > 2.6%. A price movement of 30 pips is expected.

Historical events that allowed us to draw this conclusion

04 Mar 11:30

06 Jun 11:30

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