Based on the last 12 GDP Growth Rate QoQ events in Canada, we may expect USDCHF to trend downwards right now. Based on these past events there is a 75% chance of this. We made this conclusion because because the released value is < 1.4%. A price movement of 43 pips may be experienced. Historical events that allowed us to draw this conclusion

01 Jun 22:30	02 Dec 00:30
31 May 22:30

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