Open — High Statistics · Bullish Day Analysis

GBP/CAD Range
Bullish Momentum

Comprehensive analysis of how far GBP/CAD trades above the daily open on bullish sessions. Based on 3,046 bullish days spanning 24 years of price history.

Updated 04 Apr 2026 n = 3,046 24yr dataset
Sample
3,046
Bullish days analysed
Massive Upside
31.75%
>1500 pip range · Loonie weakness
Avg Range
1,144.1
Average open → high pips
Deep Breakout
68.3%
Above 1400 pips from open
Raw Data

Open–High Range Distribution

Range (Pips)Days% of TotalDistributionRolling %

Rolling % = cumulative probability of reaching at least that pip bucket on a bullish day.

Probability Curve

Cumulative Distribution

68.25% of bullish days: high within 1400–1500+ pips
31.75% exceed 1500 pips — explosive Loonie downside
Frequency Chart

Range Distribution Histogram

3,046 bullish sessions

800–900 pip range leads at 7.16% — ideal zone for scaling out, but massive tails above 1500 pips dominate.

Observations

Key Trading Insights

Massive Upside

31.75% >1500 Pips

Nearly 1 in 3 bullish days exceed 1500 pips — Loonie weakness creates explosive trend days.

Peak Zone

Peak: 800–900 Pips

7.16% density — sweet spot for partial profit taking before extended runners.

Deep Breakouts

68%+ Above 1400 Pips

Majority of bullish days extend beyond 1400 pips — trend-following edge is extreme.

Vol King

Only 0.56% Under 200 Pips

Virtually no stalled bullish days — expect big intraday range.

Strategy Framework

Trading Application

Understanding typical range from open helps set realistic profit targets and stop losses for bullish GBP/CAD setups. Loonie weakness = massive upside.

Profit Target 1

1000–1500 pips

50%+ probability zone — scale partials but hold runners.

Let Runners Run

Beyond 1500 pips

31.75% chance to exceed 1500 pips — wide trailing stops.

Avoid Tight Targets

Big moves dominate

Only 9% under 500 pips — premature exits kill returns.

Disclaimer: Past performance is not indicative of future results. Watch WTI & UK GDP. GBP/CAD correlation: Oil prices, BoE vs BoC policy divergence.
Data Library

Explore Our GBP/CAD Datasets

Dive deeper into specific aspects of GBP/CAD price action.

Free

Bullish Day Open – Close Range Frequency

How far from the daily open price closes on bullish days — range percentile distributions.

All bullish daily closes View →
Free

Bullish Day Open – Low Range Frequency

Drawdown distribution from daily open to session low on bullish days — key for stop placement.

All bullish daily candles View →
Free

Consecutive Higher High Streaks

Frequency and success rate of consecutive daily higher highs forming across tracked history.

6,420 days tracked View →
Related Pair

GBP/USD Bullish Open – High Range

Compare bullish open-high range distributions on GBP/USD — a highly correlated USD pair.

Daily candles analysed View →
Related Pair

GBP/AUD Bullish Open – High Range

Compare bullish open-high range distributions on GBP/AUD — the direct EUR strength cross.

Daily candles analysed View →
Data Hub

GBP/CAD Data Hub

The full GBP/CAD dataset library — streaks, ranges, calendars, and key statistics in one place.

All GBP/CAD datasets View All →
Tip: Layer multiple datasets for edge — e.g., combine Consecutive Higher High Streaks with Bullish Close Probability Calendar. Upgrade to Pro · unlock all datasets →