We expect a $250 movement on GBPUSD within 2 hours following the release of Existing Home Sales at 21 May 14:00. We expect GBPUSD to trend upwards 2 hours following the event release at 21 May 14:00 if the released value is < 6.09M. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion

22 Apr 14:00

22 Mar 14:00

22 Jul 14:00

22 Jun 14:00