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We expect GBPUSD to trend downwards today with a 71.43% chance.

Based on the last 12 New Home Sales events in United States, we expect a $810 movement on GBPUSD within 4 hours following the event release at 2023-05-23 14:00. We expect GBPUSD to trend downwards 4 hours following the event release at 2023-05-23 14:00 if the released value is > 0.665M

Historical events that allowed us to draw this conclusion

25 Apr 14:00
24 Feb 15:00
23 Dec 15:00
27 Sep 14:00
24 Jun 14:00

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

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We expect NIY to trend downwards today with a 66.67% chance.

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Esperamos que el HE adopte hoy una tendencia downwards con un 71,43% de probabilidad.

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