
The latest US Housing Starts number has been released as 1.58M.
There is a 80% probability that GBPUSD will trend up for the next few hours.
This probability is based on the last 12 US Housing Starts events, in which 4 of the last 5 events where the actual number was less than than the economist consensus resulted in an up trend of GBPUSD.
Here are images of the past events:
Tuesday 20 Oct at 12:30 PM GMT:
Thursday 17 Sep at 12:30 PM GMT:
Wednesday 17 Jun at 12:30 PM GMT:
Tuesday 19 May at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance