Based on past United Kingdom GDP Growth Rate QoQ Prel news events there is a 75% chance of USDCHF trending downwards. We expect this to happen because the released value is > -0.2%. A price movement of 34 pips is expected.

Historical events that allowed us to draw this conclusion

12 May 16:00	12 Feb 18:00
13 May 16:00

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