Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 70% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 23 Dec 15:00 if the released value is > 0.995M. A price movement of 41 pips is expected.

Historical events that allowed us to draw this conclusion

25 Nov 15:00

26 Oct 14:00

24 Jul 14:00

23 Jun 14:00

26 May 14:00

23 Apr 14:00

24 Mar 14:00