Bearish bias in GBPUSD
GBPUSD
The GBPUSD pair concluded the latest hourly session at 1.346690. Over the previous 48-hour period, the market recorded a change of 0.42 percent. This price action establishes the current context for the bearish bias observed.
There were 53 historical sessions found with similar characteristics. Out of these occurrences, 62 percent finished on the lower side. This frequency suggests a recurring tendency for the bearish trend to manifest.
For these historical matches, the average bullish move was 0.18 percent. The average bearish move recorded -0.22 percent. Across the entire sample, the average of all movements was -0.07 percent.
A sample of 53 sessions provides the basis for these averages. This distribution of gains and losses informs the total average move. These figures describe how the pair historically reacted.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.34669 | 0.42 % | 53 | 20 | 33 | -0.07 % |
This is not financial advice. It is an indicator based on statistics from historical data.