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Based on the last 12 Balance of Trade events in Germany, GBPUSD could experience an downwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 2 hours because the released value is > €20.3B.
Historical events that allowed us to draw this conclusion
| 08 Jan 07:00 |
| 04 Dec 07:00 |
| 03 Nov 07:00 |
| 05 Oct 06:00 |
| 03 Aug 06:00 |
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