How is GBPUSD doing right now?
In plain terms: GBPUSD is 36.3% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
GBP/USD (GBPUSD) sits 36.3% off its peak and is currently in a severe drawdown, last printing at $1.34. A 35-60% drawdown is the territory where most retail investors capitulate. It's also where the highest-probability historical entries have clustered for resilient assets.
