Housing Starts

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We expect GBPUSD to trend downwards later today. Based on these past United States Housing Starts news events there is a 71.43% chance of this. We expect this to happen if the released value is < 1.475M. A price movement of 60 pips is expected. Historical events that allowed us to draw this conclusion

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

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