DELKOS BREAKING NEWS: 75% probability that GBPUSD will trend up for the next few hours.

The latest DE Ifo Business Climate number has been released as 99.2.
There is a 75% probability that GBPUSD will trend up for the next few hours.

This probability is based on the last 12 DE Ifo Business Climate events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an up trend of GBPUSD.

Here are images of the past events:

Friday 26 Mar at 09:00 AM GMT:

Monday 22 Feb at 09:00 AM GMT:

Tuesday 25 Aug at 08:00 AM GMT:

Monday 27 Jul at 08:00 AM GMT:

Wednesday 24 Jun at 08:00 AM GMT:

Monday 25 May at 08:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance