Bearish bias in GBPUSD
GBPUSD
The GBPUSD pair concluded the latest session at a close of 1.338120. This 48-hour period witnessed a price change of 0.62 percent. This trend highlights the current bearish bias within the 1H timeframe.
Historical data identified 58 similar periods. In 37 instances, the price finished lower, representing a 64 percent share on the bearish side. This frequency suggests a recurring tendency for this market session.
The average bullish move was 0.18 percent, while the average bearish move reached -0.28 percent. The total average move across all 58 matched occurrences was -0.11 percent.
A sample of 58 matches provides a descriptive basis for these averages. This count illustrates how the bearish trend repeats compared to bullish outcomes in similar historical periods.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.33812 | 0.62 % | 58 | 21 | 37 | -0.11 % |
This is not financial advice. It is an indicator based on statistics from historical data.