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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 75% chance of this. We made this conclusion because the released value is > 10. A price movement of 141 pips may be experienced.
Historical events that allowed us to draw this conclusion
14 May 09:00 |
16 Apr 09:00 |
19 Mar 10:00 |
16 Jan 10:00 |
12 Dec 10:00 |
14 Nov 10:00 |
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