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

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

Based on the last 12 Gfk Consumer Confidence events in GB, we expect a $150 movement on GBPUSD within the next 4 hours.
We expect GBPUSD to trend up for the next 4 hours because the released value is < -12 Historical events that allowed us to draw this conclusion

29 Nov 18:01
 
27 Sep 23:01
 
28 Jun 23:01
 
26 Apr 23:01
 

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

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