Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 72.73% chance of this. This may happen if the released value is > 0.855M

Historical events that allowed us to draw this conclusion

24 Dec 02:00	26 Nov 02:00
27 Oct 01:00	25 Sep 00:00
26 Aug 00:00	25 Jul 00:00
24 Jun 00:00	25 Mar 01:00

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