Notes

Chart

Bearish bias in GBPUSD

GBPUSD

GBPUSD hourly trend. The gold line is where similar trends closed next.

The GBPUSD session finished at a close of 1.316760. During the recent 48-hour period, the price trend experienced a net change of -0.28 percent.

The pattern scanner identified 13 similar periods in historical data. Out of these matches, the bearish bias persisted in 8 instances, representing a 62 percent share that finished lower.

The average gain for bullish outcomes reached 0.52 percent, while the average loss for bearish movements stood at -0.37 percent. The collective average for all identified periods was -0.03 percent.

A sample of 13 historical matches provides a specific context for reading these averages. This number of sessions indicates how the current bearish bias relates to previous occurrences in price action.

The numbers

Symbol Last 48h move Setups Bullish Bearish Avg. next 20h
GBPUSD 1.31676 -0.28 % 13 5 8 -0.03 %

This is not financial advice. It is an indicator based on statistics from historical data.