Based on the last 12 New Home Sales events in United States, we expect a $600 movement on GBPUSD within 12 hours following the event release at 24 Dec 02:00. We expect GBPUSD to trend upwards 12 hours following the event release at 24 Dec 02:00 if the released value is > 0.995M

Historical events that allowed us to draw this conclusion

26 Nov 02:00	27 Oct 01:00
25 Sep 00:00	26 Aug 00:00
25 Jul 00:00	24 Jun 00:00
25 Mar 01:00

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