Germany ZEW Economic Sentiment Index News Event – a $140 opportunity on GBPUSD

Past performance is not an indicator of future results.
We expect a $140 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the ZEW Economic Sentiment Index events in Germany release because the released value is > -11. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

19 Feb 10:00
22 Jan 10:00
11 Dec 10:00
11 Sep 10:00

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

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