GBP/CAD Range
Bullish Drawdowns
Comprehensive analysis of how far GBP/CAD trades below the daily open on bullish sessions. Based on 3,046 bullish days across 24 years.
Open–Low Range Distribution (Pips)
| Range (Pips) | Days | % of Total | Distribution | Rolling % |
|---|
Rolling % = cumulative probability of reaching at least that dip depth on a bullish day.
Cumulative Distribution
Range Distribution Histogram
100–200 pips leads at 14.87% — prime zone for stop placement and dip-buying entries.
Key Trading Insights
54% within 400 pips
Over half of bullish days see lows only 0–400 pips below open — oil & sentiment driven but contained.
14.87% — prime stop zone
Highest density zone for lows. Ideal placement for initial protective stops.
Manageable risk
Most dips are shallow-to-moderate, allowing for tighter risk control on bullish setups.
3.48% >1500 pips
Only 1 in 30 bullish days exceeds 1500 pips drawdown — extreme moves are outliers.
Trading Application
Protect longs. Dips are deep but recoverable — use distribution to set realistic stops and dip-buy levels.
Below open
High-density 100–200 zone: place stops just beyond 200–280 pips.
On momentum
Trail stops below 500 pips once price moves favourably (covers 63.9% of dips).
Mean reversion edge
Beyond 300 pips, 45%+ probability of recovery; scale into longs.
Explore Our GBP/CAD Datasets
Dive deeper into specific aspects of GBP/CAD price action.
Bullish Day Open – Close Range Frequency
How far from the daily open price closes on bullish days — range percentile distributions.
Bullish Day Open – High Range Frequency
Distribution of how far price travels from the daily open to the session high on bullish days.
Consecutive Higher High Streaks
Frequency and success rate of consecutive daily higher highs forming across tracked history.
GBP/USD Bullish Open – Low Range
Compare bullish open-low drawdown distributions on GBP/USD — a highly correlated USD pair.
GBP/AUD Bullish Open – Low Range
Compare bullish open-low drawdown distributions on GBP/AUD — the direct EUR strength cross.
GBP/CAD Data Hub
The full GBP/CAD dataset library — streaks, ranges, calendars, and key statistics in one place.