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We expect a $940 movement on GBPUSD within the next 4 hours.

We expect GBPUSD to trend upwards for the next 4 hours. Based on these past Germany ZEW Economic Sentiment Index news events there is a 70% chance of this. We expect this to happen because the released value is > 46. A price movement of 94 pips is expected.

Historical events that allowed us to draw this conclusion

16 Apr 09:00
19 Mar 10:00
16 Jan 10:00
14 Nov 10:00
12 Sep 09:00
15 Aug 09:00
13 Jun 09:00

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

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BTCAUD is approaching 91998.9531. We expect either a breakout through this line, or a rebound.

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We expect GC to trend downwards right now.

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