Bullish bias in GBPUSD
GBPUSD
GBPUSD ended the session with a close at 1.332600. Over the 48-hour period, the trend shifted by -0.12%. This price action serves as the basis for identifying similar historical sessions.
Scanning historical data identified 39 similar periods. The bullish bias was maintained in 62% of these instances, as the price finished higher. This frequency demonstrates how often the market followed this specific direction.
For the upward sessions, the average gain was 0.20%, while bearish outcomes averaged a loss of -0.27%. The average of all 39 similar periods resulted in an expected move of 0.02%.
This sample of 39 occurrences offers a descriptive view of market behavior. Such a count helps clarify the average move by aggregating past results. These figures illustrate the outcomes seen in previous sessions.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.33260 | -0.12 % | 39 | 24 | 15 | 0.02 % |
This is not financial advice. It is an indicator based on statistics from historical data.