Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is < 0.8M Historical events that allowed us to draw this conclusion

24 Jun 00:00	24 Mar 01:00
29 Jan 02:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).