Housing Starts

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Based on the last 12 Housing Starts events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards 48 hours following the event release at 2023-02-16 13:30 if the released value is < 1.36M. A price movement of 122 pips is expected. Historical events that allowed us to draw this conclusion

19 Oct 12:30
19 Jul 12:30
17 Feb 13:30

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