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Want to know why GBPUSD is going down for the next 4 hours?

Want to know why GBPUSD is going down for the next 4 hours?

Based on the last 12 GDP Growth Rate QoQ 1st Est events in FR, we expect a $400 movement on GBPUSD within the next 4 hours.
We expect GBPUSD to trend down for the next 4 hours because the released value is < 0.5% Historical events that allowed us to draw this conclusion

27 Jul 05:30
 
27 Apr 05:30
 
28 Oct 05:30
 
29 Jul 05:30
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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