Switzerland KOF Leading Indicators News Event – a possible $420 movement on GBPUSD

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $420 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards for 2 hours because the released value is > 101

Historical events that allowed us to draw this conclusion

28 Aug 07:00
30 Jul 07:00
30 Mar 07:00
28 Feb 08:00
30 Jan 08:00