Based on the last 12 Ifo Business Climate events in Germany, we expect GBPUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 90

Historical events that allowed us to draw this conclusion

25 Aug 08:00

27 Jul 08:00

24 Jun 08:00

25 May 08:00

18 Dec 09:00