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On Event

Japan Balance of Trade News Event – a $220 opportunity on GBPUSD

Based on the last 12 Balance of Trade events in Japan, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > ¥-3871.5B

Historical events that allowed us to draw this conclusion

18 Jan 23:50
19 Oct 23:50
18 May 23:50