Germany ZEW Economic Sentiment Index News Event – a $850 opportunity on GBPUSD

Past performance is not an indicator of future results.
We expect a $850 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend upwards 48 hours following the ZEW Economic Sentiment Index events in Germany release because the released value is > -11. A price movement of 85 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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