Based on the last 12 Housing Starts events in United States, we expect a 47 pip movement on GBPUSD for the next 2 hours. We expect GBPUSD to trend upwards for 2 hours because the released value is < 1.71M Historical events that allowed us to draw this conclusion

17 Mar 12:30

20 Oct 12:30

17 Sep 12:30

19 May 12:30