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We expect S to trend downwards for the next 4 hours.

We expect S to trend downwards for the next 4 hours. Based on these past Germany Ifo Business Climate news events there is a 66.67% chance of this. We expect this to happen because the released value is < 90.2. A price movement of 1862 pips is expected. Historical events that allowed us to draw this conclusion

24 Jun 08:00
25 Mar 09:00
24 Nov 09:00
25 Aug 08:00
26 Jul 08:00

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

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Silver SEPTEMBER 2022 hits 18.5 after a 15.53% move spanning 40 days

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We expect a $310 movement on GBPUSD within 2 hours following the release of Ifo Business Climate.

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