United States New Home Sales News Event – a possible $520 movement on GBPUSD

Based on the last 12 New Home Sales events in United States, we expect a $520 movement on GBPUSD within 12 hours following the event release at 28 Jan 02:00. We expect GBPUSD to trend downwards 12 hours following the event release at 28 Jan 02:00 if the released value is > 0.73M

Historical events that allowed us to draw this conclusion

27 Nov 02:00
25 Oct 01:00
26 Sep 00:00
25 Jul 00:00
24 Apr 00:00
30 Mar 01:00
15 Mar 01:00