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”).
