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| Price | ▼ 0.01% | ▲ 0.46% | ▼ 0.74% | ▼ 0.46% |
| Energy | ▲ 6.4 | ▲ 3.7 | ▼ 36.8 | ▼ 38.1 |
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: -24.46%
- Distance to upper bound of Bear Bias (at -20.88%): 3.58%
- Distance to lower bound of Bear Bias (at -60%): 35.54%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
The system just recorded EURGBP in the Bear Bias energy state after the Daily candle closed.
Market trend energy The energy level dropped -38.1%: from 13.6% now at -24.5%.
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.
Over the past 5 days, EURGBP Market Energy ranged from -24.5 to +50.4.
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 01-07-2020 closed, EURGBP was at 0.90269, down 0.46% from the previous candle (0.90684). Market Energy was -24.5%, down 38.1 points from 13.6%, 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 0.90269, down 0.46% from the previous Daily candle (0.90684). This drop is larger than 75% of past drops on the Daily timeframe for EURGBP, across 470 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 38.1 percentage points from the previous candle — from 13.6% to -24.5%. This drop is larger than 95% of past drops on the Daily timeframe for EURGBP.
Do EURGBP price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 13.6%, Neutral — when this candle closed, EURGBP moved down to a lower zone: Neutral → Bear Bias.
Where does EURGBP energy sit within the Bear Bias zone?
At -24.5%, EURGBP is 3.58 points from the upper boundary of Bear Bias (-20.88%) and 35.54 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 Bull Critical with energy 60.2%; GER40 (European equities) in Bull Critical with energy 69.4%. Against this backdrop, EURGBP (Bear Bias, -24.5%) lower 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 Bias with Market Energy -43.5%. 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 →
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