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This Friday 20 Mar at 02:00 PM GMT the latest US Existing Home Sales number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that GBPUSD will trend up following the news event.
This probability is based on the last 12 US Existing Home Sales events, in which 5 of the last 6 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:
Friday 21 Feb at 03:00 PM GMT:
Wednesday 22 Jan at 03:00 PM GMT:
Wednesday 21 Aug at 02:00 PM GMT:
Friday 21 Jun at 02:00 PM GMT:
Friday 22 Mar at 02:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance