We expect GBPUSD to trend downwards for the next 2 hours. Based on these past United States Existing Home Sales news events there is a 80% chance of this. We expect this to happen because the released value is < 4.12M. A price movement of 59 pips is expected. Historical events that allowed us to draw this conclusion

21 Apr 14:00

19 Dec 15:00

21 Nov 15:00

23 Jul 14:00