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Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend downwards 4 hours following the event release at 2023-05-23 14:00 if the released value is > 0.665M. A price movement of 81 pips is expected.
Historical events that allowed us to draw this conclusion
25 Apr 14:00 |
24 Feb 15:00 |
23 Dec 15:00 |
27 Sep 14:00 |
24 Jun 14:00 |
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