TradersNews 80% probability that GBPUSD will trend up on Thursday 18 Feb at 01:30 PM GMT if the US Housing Starts number is less than 1.658M.

[Add to iCal Calendar]  [Add to Google Calendar]

This Thursday 18 Feb at 01:30 PM GMT the latest US Housing Starts number will be released.
If the number is less than than economists’ consensus there is a 80% probability that GBPUSD will trend up following the news event.

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