We expect GBPUSD to trend downwards later today. Based on these past United States New Home Sales news events there is a 71.43% chance of this. We expect this to happen if the released value is > 0.7M. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

23 Apr 14:00

24 Feb 15:00

23 Dec 15:00

24 Sep 14:00

25 Aug 14:00