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We expect a $440 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend upwards 12 hours following the Balance of Trade events in Japan release because the released value is > ¥-893B. A price movement of 44 pips is expected.
Historical events that allowed us to draw this conclusion
22 Jan 23:50 |
17 Dec 23:50 |
17 Sep 23:50 |
16 Apr 23:50 |
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