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Based on past United Kingdom Balance of Trade news events there is a 75% chance of USDCHF trending downwards. We expect this to happen if the released value is > £-4.9B. A price movement of 47 pips is expected.
Historical events that allowed us to draw this conclusion
13 Jan 07:00![]() |
12 Dec 07:00![]() |
11 Nov 07:00![]() |
12 Oct 06:00![]() |
12 Sep 06:00![]() |
11 Apr 06:00![]() |
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