Based on the last 12 KOF Leading Indicators events in Switzerland, we expect GBPUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 30 Mar 18:00 if the released value is > 104.6. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

26 Feb 19:00	30 Dec 19:00
28 Aug 17:00	30 Jul 17:00
30 Mar 18:00

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