Bearish bias in GBPUSD
GBPUSD
The GBPUSD session concluded at a price of 1.343130. Over the preceding 48-hour period, price action showed a bearish trend with a change of -0.20%. This highlights the current bearish bias in recent market activity.
Historical data reveals 13 similar periods were identified. Out of these, 8 instances or 62% finished with a lower close. This shows a frequency for the asset to maintain a downward direction.
For moves higher, the average gain was 0.26%. The average loss for bearish outcomes was -0.20%. Across all 13 matches, the total average expected move was -0.03%.
A sample of 13 historical matches means the average is derived from a specific data set. This count indicates the average reflects the volatility of those limited historical sessions.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| GBPUSD | 1.34313 | -0.20 % | 13 | 5 | 8 | -0.03 % |
This is not financial advice. It is an indicator based on statistics from historical data.