We expect USDCHF to trend downwards later today. Based on these past United Kingdom Claimant Count Change news events there is a 75% chance of this. We expect this to happen if the released value is > -180K. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

15 Jul 16:00	15 Dec 18:00
11 Aug 16:00

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