Trade with an edge around todays Switzerland KOF Leading Indicators news event

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”).