We expect USDCHF to trend upwards for the next 48 hours. Based on these past United Kingdom Balance of Trade news events there is a 83.33% chance of this. We expect this to happen because the released value is < £-11.7B. A price movement of 79 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 16:00	13 Jul 16:00
12 May 16:00	11 Mar 18:00
10 Sep 16:00

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