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We expect a 782 pip movement on GF within 48 hours following the event release.

Based on the last 12 Existing Home Sales events in United States, we expect a 782 pip movement on GF within 48 hours following the event release at 21 Aug 14:00 UTC. We expect GF to trend downwards 48 hours following the event release at 21 Aug 14:00 UTC if the released value is > 5.38M

Historical events that allowed us to draw this conclusion

21 Feb 15:00
22 Jan 15:00
21 Aug 14:00

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

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