Bearish bias in GBPUSD
GBPUSD
The GBPUSD session ended with a close of 1.347020. During this period spanning forty-eight hours, the price action registered a change of 0.40 percent. This movement establishes the current trend structure within the hourly timeframe.
Our scanner identified 55 similar periods in the historical data. Out of these, 34 sessions finished with a bearish bias, representing a 62 percent share. This indicates a consistent tendency for the market to move lower.
When the price moved higher, the average gain was 0.16 percent. The average loss for bearish outcomes was -0.19 percent. Across all matches, the average move resulted in a change of -0.06 percent.
The sample of 55 occurrences provides a descriptive basis for understanding the average move. Since this number of matches covers various market conditions, the resulting average reflects a broad historical context for this symbol.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.34702 | 0.40 % | 55 | 21 | 34 | -0.06 % |
This is not financial advice. It is an indicator based on statistics from historical data.