Switzerland KOF Leading Indicators News Event – a $590 opportunity on GBPUSD

We expect a $590 movement on GBPUSD within 48 hours following the release of KOF Leading Indicators at 28 Dec 08:00. We expect GBPUSD to trend downwards 48 hours following the event release at 28 Dec 08:00 if the released value is > 98.7. A price movement of 59 pips is expected.

Historical events that allowed us to draw this conclusion

28 Sep 08:00

28 Feb 08:00

22 Dec 08:00

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

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