Bearish bias in GBPUSD
GBPUSD
The GBPUSD closed the session at 1.333400. During the last forty-eight hour period, the rate saw a 0.61 percent increase. This movement characterizes the current trend.
There were 51 similar historical periods. In 32 cases, the price finished lower, showing a 63 percent bearish bias. This suggests a frequent historical tendency for price to decline.
The average gain for bullish sessions was 0.15 percent. The average loss for bearish sessions was -0.21 percent. Across all matches, the movement averaged -0.07 percent.
A sample of 51 occurrences helps describe the typical behavior of this asset during this period. This count provides sufficient data to view the average return as a descriptive reflection of past price action.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.33340 | 0.61 % | 51 | 19 | 32 | -0.07 % |
This is not financial advice. It is an indicator based on statistics from historical data.