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GBPUSD could trend downwards today with a 75% chance.

Based on the last 12 Inflation Rate YoY events in Japan, GBPUSD could trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 1.5% Historical events that allowed us to draw this conclusion

17 Feb 23:30
23 Sep 23:30
19 Aug 23:30

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

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