
17 pip movement on GBPUSD expected
Based on the last 12 Balance of Trade events in Japan, we expect a 17 pip movement on GBPUSD for the next 2 hours. We expect GBPUSD to trend downwards for 2 hours because the released value is < ¥-519.2BHistorical events that allowed us to draw this conclusion15 Sep 23:5020 Jul 23:5015 Jun 23:5016 Mar 23:5015 Dec 23:50