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This Wednesday 24 Feb at 03:00 PM GMT the latest US New Home Sales number will be released.
If the number is greater than than economists’ consensus there is a 72.72% probability that GBPUSD will trend up following the news event.
This probability is based on the last 12 US New Home Sales events, in which 8 of the last 11 events where the actual number was greater than than the economist consensus resulted in an up trend of GBPUSD.
Here are images of the past events:
Wednesday 23 Dec at 03:00 PM GMT:
Wednesday 25 Nov at 03:00 PM GMT:
Monday 26 Oct at 02:00 PM GMT:
Thursday 24 Sep at 02:00 PM GMT:
Tuesday 25 Aug at 02:00 PM GMT:
Friday 24 Jul at 02:00 PM GMT:
Tuesday 23 Jun at 02:00 PM GMT:
Tuesday 24 Mar at 02:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance