Bullish bias in GBPUSD
GBPUSD
The GBPUSD pair concluded the recent session at 1.345770. During the last 48-hour period, the price action marked a bullish change of 0.45 percent. This movement defines the current trend for the session.
Historical data identified 15 similar occurrences where price mirrored this period. Out of these matches, 9 instances ended with a higher close, representing a 60 percent share. This indicates a bullish bias.
Among these instances, the average gain was 0.29 percent, while the average loss was -0.28 percent. The total average move for all 15 sessions combined was 0.06 percent.
The sample size of 15 matches offers a descriptive look at the average move. This cluster of historical data shows how price typically reacts following a 0.45 percent increase.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.34577 | 0.45 % | 15 | 9 | 6 | 0.06 % |
This is not financial advice. It is an indicator based on statistics from historical data.