
The latest DE Ifo Business Climate number has been released as 74.3.
There is a 83.33% probability that GBPUSD will trend down for the next few hours.
This probability is based on the last 12 DE Ifo Business Climate events, in which 5 of the last 6 events where the actual number was less than than the economist consensus resulted in an down trend of GBPUSD.
Here are images of the past events:
Wednesday 25 Mar at 09:00 AM GMT:
Monday 27 Jan at 09:00 AM GMT:
Monday 26 Aug at 08:00 AM GMT:
Thursday 25 Jul at 08:00 AM GMT:
Wednesday 24 Apr at 08:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance