Based on the last 12 ZEW Economic Sentiment Index events in Germany, GBPUSD could trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < -27.5 Historical events that allowed us to draw this conclusion
15 Mar 10:00 |
15 Feb 10:00 |
07 Sep 09:00 |
10 Aug 09:00 |
06 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).