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Australia GDP Growth Rate QoQ News Event – a possible $60 movement on GBPUSD

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a $60 movement on GBPUSD within 2 hours following the event release at 04 Mar 00:30. We expect GBPUSD to trend downwards 2 hours following the event release at 04 Mar 00:30 if the released value is > 0.3%Historical events that allowed us to draw this…

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