Based on the last 12 New Home Sales events in United States, we may see a 108 pip movement on GBPUSD within 48 hours following the event release at 24 May 14:00 UTC. GBPUSD may trend upwards 48 hours following the event release at 24 May 14:00 UTC if the released value is < 0.75M Historical events that allowed us to draw this conclusion
23 Mar 14:00 |
24 Feb 15:00 |
23 Dec 15:00 |
24 Nov 15:00 |
26 Jul 14:00 |
25 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
