Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 85.71% chance of this. This will happen if the released value is > 0.66M
Historical events that allowed us to draw this conclusion
23 Apr 14:00 |
14 Mar 14:00 |
05 Mar 15:00 |
31 Jan 15:00 |
28 Nov 15:00 |
26 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
