Want to know why GBPUSD is going downwards for the next 48 hours?

Past performance is not an indicator of future results.
Based on the last 12 New Home Sales events in United States, we expect a $580 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend downwards for the next 48 hours because the released value is > 0.62M

Historical events that allowed us to draw this conclusion

14 Mar 14:00

05 Mar 15:00

31 Jan 15:00

28 Nov 15:00

26 Sep 15:00

25 Jun 15:00

23 Mar 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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