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On Event

9 pip movement on GBPUSD expected

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Based on the last 12 Inflation Rate YoY Flash events in Euro Area, we could see a $90 movement on GBPUSD within the next 2 hours. GBPUSD could trend upwards for the next 2 hours because the released value is = 2.5%

Historical events that allowed us to draw this conclusion

30 Apr 09:00
31 Jul 09:00

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