Germany GDP Growth Rate QoQ Flash News Event – a $590 opportunity on GBPUSD

We expect a $590 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the GDP Growth Rate QoQ Flash events in Germany release because the released value is < -9%. A price movement of 59 pips is expected. Historical events that allowed us to draw this conclusion

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15 Aug 06:00