We expect USDCHF to trend upwards later today. Based on these past United Kingdom GDP Growth Rate QoQ Final news events there is a 83.33% chance of this. We expect this to happen if the released value is = 4.8%. A price movement of 132 pips is expected.

Historical events that allowed us to draw this conclusion

31 Mar 17:00	30 Sep 18:30
28 Jun 18:30	29 Mar 20:30
28 Sep 18:30

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