We expect a $180 movement on GBPUSD within 2 hours following the release of Housing Starts at 19 Apr 12:30.
We expect GBPUSD to trend down 2 hours following the event release at 19 Apr 12:30 if the released value is > 1.300M. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
08 Mar 13:30 |
18 Dec 13:30 |
19 Jun 12:30 |
17 Apr 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
