15 pip movement on GBPUSD expected

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect a 15 pip movement on GBPUSD for the next 2 hours. We expect GBPUSD to trend downwards for 2 hours because the released value is < 0.4%

Historical events that allowed us to draw this conclusion

29 Nov 06:45

05 Sep 06:45

02 Dec 06:45

01 Jun 06:45

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

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