Based on the last 12 Existing Home Sales events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 21 Feb 15:00 if the released value is > 5.43M. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

22 Jan 15:00

21 Aug 14:00

21 Jun 14:00

22 Mar 14:00