GBP/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Mar 27 20:54 GMT

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
1.2405
21 EMA
1.2304
55 EMA
1.2133
ADX
40.37
+DMI
32.15
-DMI
73.05
RSI
73.05
MACD
0.0095
MACD Signal
0.0071
Bollinger Band Upper
1.2494
Bollinger Band Lower
1.2101
Bollinger Band Width
0.0393

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
1.2185
21 EMA
1.2011
55 EMA
1.2137
ADX
28.97
+DMI
30.12
-DMI
67.16
RSI
67.16
MACD
0.0094
MACD Signal
0.0029
Bollinger Band Upper
1.2411
Bollinger Band Lower
1.1363
Bollinger Band Width
0.1048

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
1.2063
21 EMA
1.2280
55 EMA
1.2614
ADX
27.85
+DMI
26.25
-DMI
52.32
RSI
52.32
MACD
-0.0246
MACD Signal
-0.0049
Bollinger Band Upper
1.3429
Bollinger Band Lower
1.1277
Bollinger Band Width
0.2152

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
1.2543
21 EMA
1.2736
55 EMA
1.2796
ADX
27.82
+DMI
10.46
-DMI
46.07
RSI
46.07
MACD
-0.0099
MACD Signal
-0.0020
Bollinger Band Upper
1.3633
Bollinger Band Lower
1.2146
Bollinger Band Width
0.1487

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.