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We expect GBPUSD to trend downwards today with a 85.71% chance.

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”).

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