Analysis

·

Candle close
Price and energy
EURGBP from 0.83347 to 0.83366, up 0.02%
Market Energy Bull Bias 57.2% to Bull Critical 62.5%, up 5.3 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.18%▼ 0.06%▲ 0.11%▲ 0.02%
Energy▲ 74.4▼ 5.6▲ 6.3▲ 5.3
Volatility trend chart · last 4 sessions
▲ 0.18%▼ 0.06%▲ 0.11%▲ 0.02%▲ 74.4▼ 5.6▲ 6.3▲ 5.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.02% — higher than 37% of past rises
0%255075100%
Energy up 5.3 pts — higher than 37% of past rises
RESEARCH

Trend of Bull Critical EURGBP 1H

Sample: 58,250 1H candles from 2017-05-01 to 2026-10-09
Number of Bull Critical occurrences: 1,481 times

▸When EURGBP is in Bull Critical:

  • then EURGBP moved to higher Market State: 389 times — 26.3%
  • then EURGBP moved to lower Market State: 1,092 times — 73.7%

▸Current EURGBP market energy: 62.45%

  • Distance to upper bound of Bull Critical (at 74.5%): 12.05%
  • Distance to lower bound of Bull Critical (at 60%): 2.45%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

EURGBP · H1 · 2024-11-07 11:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
57.2%
Bull Bias
62.5%
Bull Critical
-20.1%
Neutral
Zone
60 – 74.5
Bias
Buyers in control
Explanation

From the just-closed 1H candle data, EURGBP classified as the near-peak Bull energy state.

The energy side shows Market Energy reading rose +5.3%, moving from 57.2% to 62.5% after the 1H candle.

Time in Bull Critical energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, EURGBP Market Energy ranged from -87.2 to +65.2.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did EURGBP price and energy show when this 1H candle closed?

When the 1H candle at 18:00 on 07-11-2024 closed, EURGBP was at 0.83366, up 0.02% from the previous candle (0.83347). Market Energy was 62.5%, up 5.3 points from 57.2%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

How much did EURGBP price move on this 1H candle, and how large is that historically?

EURGBP closed at 0.83366, up 0.02% from the previous 1H candle (0.83347). This rise is larger than 37% of past rises on the 1H timeframe for EURGBP, across 36,527 candles since 2019.

How did EURGBP Market Energy change from the previous candle?

Market Energy rose 5.3 percentage points from the previous candle — from 57.2% to 62.5%. This rise is larger than 37% of past rises on the 1H timeframe for EURGBP.

Do EURGBP price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

What state was EURGBP in on the previous 1H candle?

The previous 1H candle had EURGBP at 57.2%, Bull Bias — when this candle closed, EURGBP moved up to a higher zone: Bull Bias → Bull Critical.

Where does EURGBP energy sit within the Bull Critical zone?

At 62.5%, EURGBP is 12.05 points from the upper boundary of Bull Critical (74.5%) and 2.45 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.

What does Bull Critical mean?

Bull 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 Bull 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 Bias with energy 35%; GER40 (European equities) in Bull Extreme with energy 90.5%. Against this backdrop, EURGBP (Bull Critical, 62.5%) has higher energy than SPX500; lower than 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 Neutral with Market Energy 0.2%. EURGBP energy is currently above DXY by 62.3 points.

Real-time Energy Chart

See the real-time energy chart for EURGBP.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for EURGBP on the EURGBP overview →

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