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US Housing Starts News Event – a $180 opportunity on

US Housing Starts News Event – a $180 opportunity on

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”)

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