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We expect USDJPY to trend upwards for the next 2 hours. Based on these past United Kingdom Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen because the released value is > 3.4%. A price movement of 22 pips is expected.
Historical events that allowed us to draw this conclusion
21 May 06:00 |
19 Feb 07:00 |
20 Nov 07:00 |
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