Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend downwards right now. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 0.714M

Historical events that allowed us to draw this conclusion

25 Aug 00:00	25 Feb 02:00
24 Dec 02:00	26 Nov 02:00
27 Oct 01:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).