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We expect a $1560 movement on GBPUSD within 4 hours following the release of ZEW Economic Sentiment Index at 2023-05-16 09:00. We expect GBPUSD to trend downwards 4 hours following the event release at 2023-05-16 09:00 if the released value is < -5.3. A price movement of 156 pips is expected. Historical events that allowed us to draw this conclusion
18 Apr 09:00 |
21 Mar 10:00 |
13 Sep 09:00 |
14 Jun 09:00 |
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