Based on the last 12 KOF Leading Indicators events in Switzerland, we expect GBPUSD to trend upwards right now. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend upwards for the next 2 hours because the released value is > 101. A price movement of 42 pips is expected.

Historical events that allowed us to draw this conclusion

28 Aug 17:00	30 Jul 17:00
30 Mar 18:00	28 Feb 19:00
30 Jan 19:00

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