Bullish bias in GBPUSD
GBPUSD
The GBPUSD session ended at a close of 1.320610. During the latest 48-hour period, the price registered a change of -0.16 percent. This movement sets the bearish trend for the current market environment.
Technical scanning identified ten similar historical periods. Seven instances reached the higher lean side, representing a 70 percent share. This reflects a frequent bullish tendency during these specific market setups.
The average gain for positive sessions was 0.16 percent, whereas the average loss was -0.35 percent. Across the entire sample, the average return for all ten periods combined was 0.01 percent.
Ten matches provide a specific sample size. The average move remains compressed because the average loss was larger than the average gain, despite the 70 percent frequency of positive finishes.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.32061 | -0.16 % | 10 | 7 | 3 | 0.01 % |
This is not financial advice. It is an indicator based on statistics from historical data.