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Trend of Bear Bias EURGBP 1H
▸When EURGBP is in Bear Bias:
- then EURGBP moved to higher Market State: 3,152 times — 73.4%
- then EURGBP moved to lower Market State: 1,141 times — 26.6%
▸Current EURGBP market energy: -45.95%
- Distance to upper bound of Bear Bias (at -20.88%): 25.07%
- Distance to lower bound of Bear Bias (at -60%): 14.05%
"A person's history reveals more than you might think" — 2AITRADING
EURGBP processing result: the Bear Bias zone after the 1H candle closed.
On the energy side, Market Energy dropped -96.2% from the previous candle, from 50.3% to -45.9%.
Time in Bear Bias energy zone: 1 1H 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 -45.9 to +86.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURGBP on 1H when this candle closed?
When the 1H candle at 21:00 on 10-10-2019 closed, EURGBP was in Bear Bias with Market Energy -45.9%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 96.2 percentage points from the previous candle — from 50.3% to -45.9%.
What state was EURGBP in on the previous 1H candle?
The previous 1H candle had EURGBP at 50.3%, Bull Bias — when this candle closed, EURGBP moved down to a lower zone: Bull Bias → Bear Bias.
Where does EURGBP energy sit within the Bear Bias zone?
At -45.9%, EURGBP is 25.07 points from the upper boundary of Bear Bias (-20.88%) and 14.05 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 →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 Extreme with energy 100%; GER40 (European equities) in Bull Extreme with energy 86.6%. Against this backdrop, EURGBP (Bear Bias, -45.9%) 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 Bull Bias with Market Energy 37.5%. EURGBP (Bear Bias) and DXY currently sit on opposite sides.
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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