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We expect GBPUSD to trend downwards for the next 48 hours. Based on these past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of this. We expect this to happen because the released value is > 50.3. A price movement of 131 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jun 09:00 |
18 Mar 10:00 |
17 Dec 10:00 |
15 Oct 09:00 |
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