Based on the last 12 Housing Starts events in United States, we expect a $520 movement on GBPUSD within 4 hours following the event release at 2022-12-20 13:30. We expect GBPUSD to trend downwards 4 hours following the event release at 2022-12-20 13:30 if the released value is > 1.4M
Historical events that allowed us to draw this conclusion
20 Sep 12:30 |
19 Apr 12:30 |
19 Jan 13:30 |
16 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
