Based on the last 12 Housing Starts events in United States, we expect a $990 movement on GBPUSD within 12 hours following the event release at 2023-01-20 00:30. We expect GBPUSD to trend upwards 12 hours following the event release at 2023-01-20 00:30 if the released value is > 1.359M

Historical events that allowed us to draw this conclusion

21 Dec 00:30	18 Nov 00:30
19 Apr 22:30	17 Mar 23:30
20 Jan 00:30

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