·
| Price | ▼ 1.84% | ▼ 1.09% | ▼ 0.06% | ▼ 0.11% |
| Energy | ▼ 19.0 | ▼ 15.0 | ▲ 0.1 | ▲ 4.0 |
Trend of Bear Critical EURGBP Weekly
▸When EURGBP is in Bear Critical:
- then EURGBP moved to higher Market State: 10 times — 90.9%
- then EURGBP moved to lower Market State: 1 times — 9.1%
▸Current EURGBP market energy: -62%
- Distance to upper bound of Bear Critical (at -60%): 2%
- Distance to lower bound of Bear Critical (at -74.5%): 12.5%
"History always repeats itself, one way or another" — 2AITRADING
Following the completion of the Weekly candle, EURGBP reflects the Bear Critical energy zone.
Market energy measurement A +4% change from the previous candle, Market Energy is now -62% (previous: -66%).
Time in Bear Critical energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURGBP price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 28-10-2019 closed, EURGBP was at 0.86311, down 0.11% from the previous candle (0.86405). Market Energy was -62%, up 4.0 points from -66%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did EURGBP price move on this Weekly candle, and how large is that historically?
EURGBP closed at 0.86311, down 0.11% from the previous Weekly candle (0.86405). This drop is larger than 16% of past drops on the Weekly timeframe for EURGBP, across 78 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy rose 4 percentage points from the previous candle — from -66% to -62%. This rise is larger than 20% of past rises on the Weekly timeframe for EURGBP.
Do EURGBP price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.
What state was EURGBP in on the previous Weekly candle?
The previous Weekly candle had EURGBP at -66%, Bear Critical — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Bear Critical zone?
At -62%, EURGBP is 2 points from the upper boundary of Bear Critical (-60%) and 12.5 points from the lower boundary (-74.5%) — so energy sits closer to the upper 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 75.9%; GER40 (European equities) in Bull Critical with energy 73.5%. Against this backdrop, EURGBP (Bear Critical, -62%) 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 Extreme with Market Energy 80.3%. 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 .