Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 26 Nov 08:00 if the released value is < 2%. A price movement of 31 pips is expected. Historical events that allowed us to draw this conclusion
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29 Nov 06:45 |