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Germany Ifo Business Climate News Event – a possible $240 movement on GBPUSD

Based on the last 12 Ifo Business Climate events in Germany, we could see a $240 movement on GBPUSD within the next 2 hours. We may see GBPUSD trend downwards for 2 hours because the released value is < 86.7 Historical events that allowed us to draw this conclusion

25 Jul 08:00
26 Jun 08:00
24 May 08:00
24 Apr 08:00
26 Sep 08:00