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We expect a $50 movement on GBPUSD within 12 hours following the event release at 29 Aug 07:55.

Based on the last 12 Unemployment Change events in Germany, we expect a $50 movement on GBPUSD within 12 hours following the event release at 29 Aug 07:55. We expect GBPUSD to trend downwards 12 hours following the event release at 29 Aug 07:55 if the released value is < 4K Historical events that allowed us to draw this conclusion

31 Jul 07:55
01 Mar 08:55
29 Nov 08:55
28 Sep 07:55

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

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JPN225 is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.

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