Based on the last 12 Existing Home Sales events in United States, we expect a $300 movement on GBPUSD within 2 hours following the event release at 2022-12-21 15:00. We expect GBPUSD to trend upwards 2 hours following the event release at 2022-12-21 15:00 if the released value is < 4.2M Historical events that allowed us to draw this conclusion
20 Jul 14:00 |
19 May 14:00 |
20 Apr 14:00 |
18 Mar 14:00 |
22 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
