Open — Low Statistics · Bullish Day Analysis

GBP/NZD Range
Bullish Momentum

Comprehensive analysis of how far GBP/NZD trades above the daily open on bullish sessions. Based on 2,987 bullish days spanning 24 years of price history.

Updated 31 Mar 2026 n = 2,987 24yr dataset
Sample
2,987
Bullish days analysed
Peak Zone
11.01%
100–200 pip range · most common
Avg Range
176.8
Average open → high pips
Cumulative
88.7%
Highs above 100 pips from open
Raw Data

Open–High Range Distribution (Pips)

Range (Pips)Days% of TotalDistributionRolling %

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

Probability Curve

Cumulative Distribution

71.5% of bullish days: high within 250 pips
88.7% exceed 100 pips — consistent bullish extension
Frequency Chart

Range Distribution Histogram (Open → High)

2,987 bullish sessions

100–200 pip range leads at 11.01% — prime zone for take-profit scaling and trailing stops.

Observations

Key Trading Insights

Peak Density

Peak at 100–200 Pips

11.01% of bullish days hit highs 100–200 pips above open — ideal first profit target zone.

Moderate Momentum

47% Above 150 Pips

Nearly half of bullish days extend beyond 150 pips, offering solid trend-following potential.

Rare Extremes

4.2% >400 Pips

Big moves occur less often, but when they do, GBP/NZD can rip 500+ pips — let runners breathe.

Consistent Extension

88.7% >100 Pips

Vast majority of bullish days push past 100 pips — high probability of intraday follow-through.

Strategy Framework

Trading Application

Understanding typical range from open helps set realistic profit targets and stop losses for bullish GBP/NZD setups.

Profit Target 1

100–200 pips

Peak density zone — ideal for partial profit taking.

Let Runners Run

Past 300 pips

~15% chance to extend beyond 300 pips — trail stops and hold.

Scaling Strategy

Scale out at 120, 220, 340 pips

Capture momentum across high-density clusters.

Disclaimer: Past performance is not indicative of future results. Watch milk prices & UK retail sales. GBP/NZD correlation: RBNZ–BOE divergence, dairy commodity sensitivity.
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Frequency and success rate of consecutive daily higher highs forming across tracked history.

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Data Hub

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