We expect GBPUSD to trend downwards for the next 12 hours. Based on these past Germany ZEW Economic Sentiment Index news events there is a 85.71% chance of this. We expect this to happen because the released value is < -38.3. A price movement of 153 pips is expected. Historical events that allowed us to draw this conclusion

14 Jun 19:00	15 Mar 21:00
15 Feb 21:00	07 Sep 19:00
10 Aug 19:00	06 Jul 19:00

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