If the released value is < 5.8M for the Existing Home Sales event, we could see a $1,100 movement on GBPUSD within 48 hours following the release at 20 Apr 14:00. This movement may form an upwards trend for 48 hours following the event release at 20 Apr 14:00. Historical events that allowed us to draw this conclusion
18 Mar 14:00 |
22 Dec 15:00 |
22 Sep 14:00 |
22 Jul 14:00 |
22 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
