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We expect a $160 movement on GBPUSD within 2 hours following the release of GfK Consumer Confidence at 2022-10-20 23:01. We expect GBPUSD to trend upwards 2 hours following the event release at 2022-10-20 23:01 if the released value is > -52. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 00:01 |
19 Nov 00:01 |
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