We expect a $360 movement on GBPUSD within the next 4 hours. We expect GBPUSD to trend upwards 4 hours following the Existing Home Sales events in United States release because the released value is < 6.09M. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion

23 Mar 01:00	23 Dec 02:00
23 Jul 00:00	23 Jun 00:00

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