75% probability that GBPUSD may trend upwards

Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 0.645M Historical events that allowed us to draw this conclusion

28 Jan 02:00
24 Dec 02:00
24 May 00:00

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