Markets › GBP/INR › RSI oversold bounce
Forex · indicator signal
RSI oversold bounce on GBP/INR
On GBP/INR the rsi oversold bounce showed up 89 times. The target came first 44% of the time, the stop 49%, and 7% went nowhere within 12 candles.
Counted on GBP/INR: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 28 | 46% | 50% | 4% |
| Hourly | 61 | 43% | 49% | 8% |
GBP/INR against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| GBP/INR | 89 | 44% | 49% | 7% |
| All Forex charts | 1,903 | 35% | 54% | 11% |
| Every market | 32,726 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2018 | 4 | 25% | 75% |
| 2019 | 4 | 25% | 75% |
| 2021 | 3 | 33% | 33% |
| 2022 | 7 | 43% | 57% |
| 2024 | 13 | 38% | 54% |
| 2025 | 21 | 48% | 43% |
| 2026 | 29 | 45% | 48% |
The last 8 times
- 24 Sep 2026, 01:00 UTC · hourly · target first after 5 candles
- 23 Sep 2026, 21:00 UTC · hourly · stop first after 2 candles
- 23 Sep 2026, 17:00 UTC · hourly · stop first after 1 candle
- 17 Sep 2026, 16:00 UTC · hourly · target first after 11 candles
- 17 Sep 2026, 05:00 UTC · hourly · target first after 5 candles
- 17 Sep 2026, 03:00 UTC · hourly · stop first after 1 candle
- 3 Sep 2026, 03:00 UTC · hourly · target first after 9 candles
- 7 Jul 2026, 17:00 UTC · hourly · went nowhere
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.
What the rsi oversold bounce is
RSI fell below 30, then climbed back above it. Selling may be tiring.
Stretch a rubber band far and it wants to snap back. RSI is a gauge from 0 to 100 that shows how hard price has been pushed up or down lately. Below 30 means price was pushed down very hard, and climbing back above 30 hints the selling may be tiring.
The full rsi oversold bounce lesson, video and quiz ›
Other patterns on GBP/INR
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Bearish marubozu · all of them
The rsi oversold bounce elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver
Questions
How often does the rsi oversold bounce work on GBP/INR?
In 89 cases on GBP/INR, the target (1.5 × ATR) came before the stop (1 × ATR) 44% of the time and the stop came first 49%; 7% went nowhere within 12 candles.
What is the rsi oversold bounce?
RSI fell below 30, then climbed back above it. Selling may be tiring.