Since 2000, in absolute terms, the Great British Pound/U.S. Dollar (GBPUSD) has displayed a positive seasonal tendency over the last 2 trading days of December.
2-day average absolute return 0.54%, standard deviation 0.55%, absolute win rate 19 from 22 events.
In terms of statistical significance, the conditional 2-day average absolute return of 0.54% versus the unconditional 2-day average absolute return (drift) of 0.00%, is statistically significant well beyond the conventional 1 in 20 by chance level (P < 5%).
This 2-day seasonal tendency begins at the close of US trading on Wednesday 28th December 2022.
Disclaimer: Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could & most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. It is your responsibility to consider whether any financial product or service is suitable for you based on your risk profile, investment objectives, & investment horizon. Data is for educational & informational purposes only.
2-day average absolute return 0.54%, standard deviation 0.55%, absolute win rate 19 from 22 events.
In terms of statistical significance, the conditional 2-day average absolute return of 0.54% versus the unconditional 2-day average absolute return (drift) of 0.00%, is statistically significant well beyond the conventional 1 in 20 by chance level (P < 5%).
This 2-day seasonal tendency begins at the close of US trading on Wednesday 28th December 2022.
Disclaimer: Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could & most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. It is your responsibility to consider whether any financial product or service is suitable for you based on your risk profile, investment objectives, & investment horizon. Data is for educational & informational purposes only.