Balance of Trade

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We expect a $2390 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend upwards 48 hours following the Balance of Trade events in Canada release because the released value is < C$2B. A price movement of 239 pips is expected. Historical events that allowed us to draw this conclusion

05 Jan 13:30
03 Nov 12:30
07 Jun 12:30

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