When someone says "ChatGPT bullish for 1000 pips," they likely mean that they are predicting a significant upward movement in a currency pair or financial instrument, in this case, around 1000 pips (percentage in point). A "bullish" stance typically refers to expecting the price to rise.
In forex trading, a pip is the smallest price movement that a currency pair can make. So, a 1000-pip move is a large price change.
For example, if EUR/USD is currently trading at 1.1000, a 1000-pip upward move would mean the price reaches 1.2000.
In this context, "ChatGPT bullish" could be a playful or metaphorical way of saying "ChatGPT has a strong prediction that the price will rise significantly," although I don't have the ability to trade or predict financial markets directly.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.