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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 Mar 01:00. We expect GBPUSD to trend upwards 12 hours following the event release at 24 Mar 01:00 if the released value is > 0.875M
Historical events that allowed us to draw this conclusion
25 Feb 02:00 |
24 Dec 02:00 |
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”).