Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 0 pip movement on BP within 48 hours following the event release at 10 Aug 09:00 UTC. We expect BP to trend downwards 48 hours following the event release at 10 Aug 09:00 UTC if the released value is < 56.7 Historical events that allowed us to draw this conclusion
06 Jul 09:00 |
08 Jun 09:00 |
10 Nov 10:00 |
13 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
