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We expect GBPUSD to trend downwards right now.

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”).

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