GBP/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 26 08:39 GMT

Technical Studies
Last Updated: Jan 26 08:39 GMT
8 EMA
1.3645
21 EMA
1.3661
55 EMA
1.3673
ADX
35.32
+DMI
7.29
-DMI
38.80
RSI
38.80
MACD
-0.0013
MACD Signal
-0.0006
Bollinger Band Upper
1.3696
Bollinger Band Lower
1.3628
Bollinger Band Width
0.0068

Technical Studies
Last Updated: Jan 26 08:42 GMT
8 EMA
1.3666
21 EMA
1.3665
55 EMA
1.3633
ADX
14.85
+DMI
20.02
-DMI
44.40
RSI
44.40
MACD
0.0009
MACD Signal
0.0002
Bollinger Band Upper
1.3742
Bollinger Band Lower
1.3609
Bollinger Band Width
0.0133

Technical Studies
Last Updated: Jan 26 08:42 GMT
8 EMA
1.3653
21 EMA
1.3606
55 EMA
1.3462
ADX
8.16
+DMI
20.61
-DMI
53.31
RSI
53.31
MACD
0.0055
MACD Signal
0.0011
Bollinger Band Upper
1.3735
Bollinger Band Lower
1.3522
Bollinger Band Width
0.0213

Technical Studies
Last Updated: Jan 26 08:42 GMT
8 EMA
1.3533
21 EMA
1.3309
55 EMA
1.3038
ADX
21.79
+DMI
19.68
-DMI
60.67
RSI
60.67
MACD
0.0211
MACD Signal
0.0042
Bollinger Band Upper
1.3821
Bollinger Band Lower
1.2694
Bollinger Band Width
0.1128

Action Bias is derived from our proprietary algorithms based on technical studies of prices of currency pairs. Action Bias is NOT intended for use as trading signals. Though it is by no means 100% accurate, it could be one of the best tools for a trader to reference to before deciding on your trades.

   = Upside Bias

   = Neutral Bias

   = Downside Bias

Here are some possible uses:

  1. Action Bias can be used to determine the primary direction to trade the currency pair. That is, one could only consider going long when Action Bias is on the upside and short only when Action Bias is on the downside.
  2. Action Bias can also be used to determine the exit of your trades. For example, one could consider exiting a long trade when Action Bias changes from up to neutral.
  3. Action Bias of different time frames can be used to reference each other. For example, an intraday trader could only consider going long when 4 hours and daily bias are NOT in conflict. That means, when 4 hours bias is up and daily bias is at least neutral.
  4. Action Bias of different pairs can be compared to have better understanding of the strength of a certain currency. For example, one could compare both the daily bias and weekly bias of all JPY crosses to see if there is particular underlying strength or weakness in Japanese Yen.

There are just too many possibilities. Explore and have fun.