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 upwards. We expect this to happen because the released value is > -11. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
19 Feb 10:00 |
22 Jan 10:00 |
13 Nov 10:00 |
14 Aug 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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