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Pre Event Forecast

What to trade around Euro Area Consumer Confidence Flash news event

We expect a $110 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards 2 hours following the Consumer Confidence Flash events in Euro Area release because the released value is < -25.8. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

20 Jul 14:00
22 Jun 14:00
23 Mar 15:00
21 Dec 15:00
22 Nov 15:00