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Germany Inflation Rate YoY Prel News Event – a $140 opportunity on GBPUSD

We expect a $140 movement on GBPUSD within 2 hours following the release of Inflation Rate YoY Prel at 31 May 12:00. We expect GBPUSD to trend downwards 2 hours following the event release at 31 May 12:00 if the released value is > 2.3%. A price movement of 14 pips is expected.Historical events that allowed us to draw this…

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