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Based on past Switzerland KOF Leading Indicators news events there is a 71.43% chance of GBPUSD trending downwards. We expect this to happen because the released value is > 75. A price movement of 177 pips is expected.
Historical events that allowed us to draw this conclusion
28 Feb 19:00![]() |
30 Aug 17:00![]() |
30 Jul 17:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).