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We expect GC to trend downwards for the next 12 hours.

We expect GC to trend downwards for the next 12 hours. Based on these past United States New Home Sales news events there is a 66.67% chance of this. We expect this to happen because the released value is < 0.73M. A price movement of 2,380 pips is expected. Historical events that allowed us to draw this conclusion

25 Jun 14:00
23 May 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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