Based on past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of GBPUSD trending upwards. We expect this to happen because the released value is > 69.8. A price movement of 96 pips is expected.

Historical events that allowed us to draw this conclusion

21 Jan 21:00	10 Dec 21:00
12 Nov 21:00	15 Oct 20:00
17 Sep 19:00

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