Based on the last 12 Existing Home Sales events in United States, we expect a $320 movement on GBPUSD within 4 hours following the event release at 23 Sep 00:00. We expect GBPUSD to trend upwards 4 hours following the event release at 23 Sep 00:00 if the released value is > 6M

Historical events that allowed us to draw this conclusion

22 May 00:00	22 Feb 02:00
20 Sep 00:00

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