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38 pip movement on GBPUSD expected

Based on the last 12 Inflation Rate YoY events in United Kingdom, we could see a $380 movement on GBPUSD within the next 2 hours. We may see GBPUSD trend downwards for 2 hours because the released value is < 4.2% Historical events that allowed us to draw this conclusion

20 Dec 07:00
15 Nov 07:00
20 Sep 06:00
19 Jul 06:00
15 Feb 07:00