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Based on past Germany ZEW Economic Sentiment Index news events there is a 80% chance of GBPUSD trending upwards. We expect this to happen if the released value is < -26.4. A price movement of 46 pips is expected. Historical events that allowed us to draw this conclusion
18 Feb 21:00![]() |
13 Aug 19:00![]() |
18 Jun 19:00![]() |
14 May 19:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).