What to trade around United States New Home Sales news event
We expect a $330 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards 2 hours following the New Home Sales events in United States release because the released value is < 0.5M. A price movement of 33 pips is expected.Historical events that allowed us to draw this conclusion23 Aug 14:0026 Jul 14:0024 May 14:0023 Mar…