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Trend of Bear Bias EURGBP Daily
▸When EURGBP is in Bear Bias:
- then EURGBP moved to higher Market State: 247 times — 76.7%
- then EURGBP moved to lower Market State: 75 times — 23.3%
▸Current EURGBP market energy: -51.03%
- Distance to upper bound of Bear Bias (at -20.88%): 30.15%
- Distance to lower bound of Bear Bias (at -60%): 8.97%
"History always repeats itself, one way or another" — 2AITRADING
After the Daily data updates, EURGBP in the Bear trend energy zone.
End-of-session update for Daily, Market Energy stayed level with the previous candle, at -51%.
Time in Bear Bias energy zone: 1 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURGBP price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 02-01-2013 closed, EURGBP had Market Energy -51%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
Where does EURGBP energy sit within the Bear Bias zone?
At -51%, EURGBP is 30.15 points from the upper boundary of Bear Bias (-20.88%) and 8.97 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Bias definition →See the real-time energy chart for EURGBP.
Open Energy ChartSee the full 2AiTrading Model data for EURGBP on the EURGBP overview →
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