Bearish bias in GBPUSD
GBPUSD
The GBPUSD ticker finished the latest session at 1.326090. During the preceding 48-hour period, the market experienced a change of 0.20 percent as the bullish momentum developed.
There were 50 historical periods found with similar price characteristics. Among these examples, 62 percent concluded with a bearish bias, as 31 out of the 50 sessions finished lower.
The sessions that moved higher saw an average gain of 0.24 percent, while those that moved lower averaged a -0.22 percent decline. The total average move across all periods was -0.05 percent.
A sample size of 50 provides a descriptive basis for observing these historical trends. This number of occurrences helps illustrate the typical distribution of returns when such market conditions are met.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.32609 | 0.20 % | 50 | 19 | 31 | -0.05 % |
This is not financial advice. It is an indicator based on statistics from historical data.