·
Trend of Bear Critical EURGBP 1H
▸When EURGBP is in Bear Critical:
- then EURGBP moved to higher Market State: 1,111 times — 72.8%
- then EURGBP moved to lower Market State: 415 times — 27.2%
▸Current EURGBP market energy: -70.31%
- Distance to upper bound of Bear Critical (at -60%): 10.31%
- Distance to lower bound of Bear Critical (at -74.5%): 4.19%
"A person's history reveals more than you might think" — 2AITRADING
EURGBP classified into Bear trend energy near extreme after the 1H candle completed.
Market energy measurement Market Energy moved from -64.6% to -70.3%, down -5.7% from the previous candle.
Time in Bear Critical 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 -78.8 to +52.9.
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 22:00 on 20-05-2024 closed, EURGBP was in Bear Critical with Market Energy -70.3%, controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 5.7 percentage points from the previous candle — from -64.6% to -70.3%.
What state was EURGBP in on the previous 1H candle?
The previous 1H candle had EURGBP at -64.6%, Bear Critical — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Bear Critical zone?
At -70.3%, EURGBP is 10.31 points from the upper boundary of Bear Critical (-60%) and 4.19 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bear Critical mean?
Bear Critical 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 Critical 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 78.2%; GER40 (European equities) in Neutral with energy -13.7%. Against this backdrop, EURGBP (Bear Critical, -70.3%) 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 56.7%. EURGBP (Bear Critical) 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 →
To jump to a symbol you're interested in, click .