·
| Price | ▼ 1.06% | ▲ 0.30% | ▲ 0.23% | ▼ 0.04% |
| Energy | ▼ 23.9 | ▼ 1.3 | ▲ 22.5 | ▲ 3.6 |
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: -29.99%
- Distance to upper bound of Bear Bias (at -20.88%): 9.11%
- Distance to lower bound of Bear Bias (at -60%): 30.01%
"Does history really repeat itself?" — 2AITRADING
EURGBP classified into Bear Bias of Market Energy after the Daily candle completed.
Market energy measurement Market Energy rose +3.6% from the previous candle, from -33.6% to -30%.
Time in Bear Bias energy zone: 9 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.
Over the past 5 days, EURGBP Market Energy ranged from -56.1 to -30.
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 26-08-2019 closed, EURGBP was at 0.9085, down 0.04% from the previous candle (0.90887). Market Energy was -30%, up 3.6 points from -33.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EURGBP price move on this Daily candle, and how large is that historically?
EURGBP closed at 0.9085, down 0.04% from the previous Daily candle (0.90887). This drop is larger than 8% of past drops on the Daily timeframe for EURGBP, across 204 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy rose 3.6 percentage points from the previous candle — from -33.6% to -30%. This rise is larger than 23% of past rises on the Daily timeframe for EURGBP.
Do EURGBP price and energy agree?
No. Price moved down while energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was EURGBP in on the previous Daily candle?
The previous Daily candle had EURGBP at -33.6%, Bear Bias — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Bear Bias zone?
At -30%, EURGBP is 9.11 points from the upper boundary of Bear Bias (-20.88%) and 30.01 points from the lower boundary (-60%) — so energy sits closer to the upper 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 →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Extreme with energy -82.4%; GER40 (European equities) in Bear Extreme with energy -89.9%. Against this backdrop, EURGBP (Bear Bias, -30%) has higher energy than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bear Extreme with Market Energy -75.8%. EURGBP (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for EURGBP.
Open Energy ChartSee the full 2AiTrading Model data for EURGBP on the EURGBP overview →
To jump to a symbol you're interested in, click .