Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend downwards right now. Based on these past events there is a 70% chance of this. This may happen because the released value is > 0.709M
Historical events that allowed us to draw this conclusion
24 Oct 14:00 |
25 Sep 14:00 |
24 Jul 14:00 |
23 Apr 14:00 |
29 Mar 14:00 |
14 Mar 14:00 |
31 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
