Based on the last 12 ZEW Economic Sentiment Index events in Germany, we may expect GBPUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is < 42.5. A price movement of 135 pips may be experienced. Historical events that allowed us to draw this conclusion
18 Jun 09:00 |
11 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
