TradersNews 80% probability that USDCHF will trend down on Thursday 27 Aug at 12:30 PM GMT if the US GDP Growth Rate QoQ 2nd Est number is greater than -32.5%.

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This Thursday 27 Aug at 12:30 PM GMT the latest US GDP Growth Rate QoQ 2nd Est number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that USDCHF will trend down following the news event.

This probability is based on the last 12 US GDP Growth Rate QoQ 2nd Est events, in which 3 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCHF.

Here are images of the past events:

Wednesday 29 Aug at 12:30 PM GMT:

Wednesday 29 Nov at 01:30 PM GMT:

Wednesday 30 Aug at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance