EUR/USD vs GBP/USD

We counted the same 31 buy and sell setups on both. Taken together, the target came first 36% of the time on EUR/USD and 35% on GBP/USD. Pattern by pattern, EUR/USD did better in 17 and GBP/USD in 13.

An average day's range (high to low) over the last 250 daily candles: EUR/USD 0.49%, GBP/USD 0.56%. GBP/USD moves about 1.2 times as much in a normal day, so a stop set by ATR sits further from the entry.

Target first, pattern by pattern

Pattern	EUR/USD	GBP/USD
Stochastic bullish cross	37% of 663	36% of 622
Stochastic bearish cross	35% of 606	32% of 630
MACD bullish cross	34% of 361	37% of 338
MACD bearish cross	39% of 307	32% of 332
EMA 9/21 bearish cross	33% of 304	37% of 289
EMA 9/21 bullish cross	33% of 299	33% of 287
RSI overbought drop	29% of 195	34% of 186
RSI oversold bounce	36% of 179	37% of 202
Bullish engulfing	37% of 123	38% of 135
Bearish engulfing	35% of 119	29% of 123
Fibonacci bounce down	43% of 111	46% of 114
Fibonacci bounce up	47% of 103	32% of 90
Bearish harami	36% of 83	33% of 104
Bullish marubozu	33% of 97	29% of 89
Bullish harami	51% of 78	38% of 99
Bearish marubozu	26% of 73	36% of 88
Bollinger breakout down	50% of 74	32% of 68
Tweezer bottom	39% of 67	34% of 65
Shooting star	46% of 71	36% of 59
Bollinger breakout up	48% of 63	39% of 62
Hammer	39% of 56	38% of 64
Tweezer top	29% of 59	31% of 55
Inverted hammer	40% of 53	32% of 50
ATR expansion down	45% of 49	51% of 53
Dark cloud cover	29% of 45	35% of 54
Piercing line	21% of 52	27% of 45
Golden cross	40% of 45	30% of 46
Death cross	33% of 43	34% of 44
ATR expansion up	49% of 35	47% of 47
Hanging man	25% of 40	32% of 37
Double top	38% of 34	25% of 24

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

Every pattern on EUR/USD › Every pattern on GBP/USD ›

Questions

Which is better for patterns, EUR/USD or GBP/USD?

In our count the target came first 36% of the time on EUR/USD and 35% on GBP/USD, across the same 31 setups. Neither is reliable on its own: most setups hit the stop first on both. Past data, not a forecast.

Which moves more in a day, EUR/USD or GBP/USD?

Over the last 250 daily candles the average day's range was 0.49% for EUR/USD and 0.56% for GBP/USD.