Balance of Trade

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We expect GBPUSD to trend downwards later today. Based on these past Japan Balance of Trade news events there is a 80% chance of this. We expect this to happen if the released value is < ¥-1331.9B. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

14 Dec 23:50
16 Nov 23:50
14 Sep 23:50
15 Jun 23:50

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