Based on the last 12 Housing Starts events in United States, we expect GBPUSD to trend downwards. Based on these past events there is a 83.33% chance of this. We expect GBPUSD to trend downwards for 2 hours because the released value is < 1.576M. A price movement of 34 pips is expected. Historical events that allowed us to draw this conclusion
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18 Aug 12:30 |
16 Jun 12:30 |
18 May 12:30 |
18 Feb 13:30 |