Trade with an edge around todays Germany ZEW Economic Sentiment Index news event

Past performance is not an indicator of future results.
Based on past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen because the released value is > -18.4. A price movement of 50 pips is expected.

Historical events that allowed us to draw this conclusion

11 Dec 10:00
11 Sep 10:00
14 Aug 10:00
20 Feb 10:00

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