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Pre Event Forecast

United States ISM Manufacturing PMI News Event – a possible $530 movement on GBPUSD

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Based on past United States ISM Manufacturing PMI news events there is a 75% chance of GBPUSD trending upwards. We expect this to happen because the released value is < 52.2. A price movement of 53 pips is expected. Historical events that allowed us to draw this conclusion

01 Jul 14:00
01 Apr 14:00
04 Jan 15:00

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