Stock Information for GBPUSD - 3h

#GBPUSD #3h #Forex───────────

Ensemble model

• Overview: The synthetic investment attractiveness indicator equals 33 (out of +/-100). The model ensemble predicts the market is more likely to be bullish in the nearest future.

Optimal past

• Optimal past: The optimal lookback period for modelling is currently 223 candles. The market is currently bullish, appreciating by 2.0% during the latest phase.

Elliot Waves

• Elliot Waves: The market's trend has changed and currently goes up.

• Elliot Waves Settings: Elliot Waves were updated. The current wavelength is 13.

Price Bound Modelling

• HAR model at confidence level 95.0%: the HAR model forecasts volatility of 0.119% in the next candle, the price will fluctuate around 1.29 and with 95.0% probability will not go below 1.29 or above 1.29.

• BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 1.29 and with 95.0% probability will not go below 1.29 or above 1.29.

• Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 1.29 and with 95.0% probability will not go below 1.29 or above 1.29.

• Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 1.29 and with 95.0% probability will not go below 1.24 or above 1.37.

• Fibonacci with seven retracements: the price is likely to rebound upward from the nearest Fibonacci support of 1.29 at the level of 76.4%. The nearest Fibonacci resistance is 1.3 at the level of 100.0%.

• Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 1.3 at the level of 100.0%. The nearest Fibonacci support is 1.28 at the level of 61.8%.

• Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 1.3 at the level of 100.0%. The nearest Fibonacci support is 1.28 at the level of 61.8%.

• MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 1.29 and with 95.0% probability will not go below 1.29 or above 1.29.

Forecast

• MA model at confidence level 95.0%: the MA model forecasts a return of 0.0012% in the next candle, the price will fluctuate around 1.29 and with 95.0% probability will not go below 1.29 or above 1.3.

• AR model at confidence level 95.0%: the AR model forecasts a return of 0.0012% in the next candle, the price will fluctuate around 1.29 and with 95.0% probability will not go below 1.29 or above 1.29.

Stability Indicators

• Generalised extreme value: According to the indicator, the market is stable

• Power law: According to the indicator, the stability of the market is uncertain

• Student degrees of freedom: According to the indicator, the stability of the market is uncertain

• Tukey lambda: According to the indicator, the stability of the market is uncertain

Seasonality test

• Seasonality test: According to the generalised seasonality test, there are no seasonal effects on the market.

Distribution analysis

• Best-fit distribution: Best-fit distribution has changed, and now it is Laplace

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Not investment advice.

#GBPUSD #3h #trading #Distribution analysis