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Forex · indicator signal

Stochastic bullish cross on GBP/USD

On GBP/USD the stochastic bullish cross showed up 622 times. The target came first 36% of the time, the stop 54%, and 9% went nowhere within 12 candles.

Counted on GBP/USD: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily9739%60%1%
Hourly52536%53%11%

GBP/USD against the rest

ChartsFoundTarget firstStop firstWent nowhere
GBP/USD62236%54%9%
All Forex charts6,32436%56%8%
Every market98,04135%57%8%

Year by year

YearFoundTarget firstStop first
2016812%88%
2017650%50%
20181233%67%
20191164%36%
2020771%29%
20211225%75%
20221443%50%
20231331%69%
20247738%49%
202525236%56%
202621035%52%

The last 8 times

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 stochastic bullish cross is

Below 20, the fast stochastic line crossed above the slow one.

Imagine a swing that has gone as far back as it can and starts to come forward again. The stochastic is a gauge from 0 to 100 that shows where price closed compared with its recent highs and lows. Below 20 means price is near the bottom of its recent range, and a bullish cross there hints the swing may be turning.

The full stochastic bullish cross lesson, video and quiz ›

Other patterns on GBP/USD

Inside bar · Stochastic bearish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI oversold bounce · RSI overbought drop · all of them

The stochastic bullish cross elsewhere

EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver

Questions

How often does the stochastic bullish cross work on GBP/USD?

In 622 cases on GBP/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 54%; 9% went nowhere within 12 candles.

What is the stochastic bullish cross?

Below 20, the fast stochastic line crossed above the slow one.