We expect USDCHF to trend upwards for the next 4 hours. Based on these past United Kingdom Balance of Trade news events there is a 66.67% chance of this. We expect this to happen because the released value is > £-2.7B. A price movement of 34 pips is expected.

Historical events that allowed us to draw this conclusion

11 Nov 18:00	09 Jul 21:00
11 Jun 16:00	12 Mar 18:00

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