We expect a $250 movement on GBPUSD within 2 hours following the release of New Home Sales at 25 Sep 00:00. We expect GBPUSD to trend downwards 2 hours following the event release at 25 Sep 00:00 if the released value is > 0.714M. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

25 Aug 00:00	24 Apr 00:00
25 Feb 02:00	24 Dec 02:00
25 Sep 00:00

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