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| Price | ▼ 0.85% | ▲ 1.74% | ▼ 0.54% | ▲ 1.96% |
| Energy | ▼ 19.8 | ▲ 28.0 | ▲ 2.7 | ▲ 24.8 |
Trend of Bull Bias EURGBP Weekly
▸When EURGBP is in Bull Bias:
- then EURGBP moved to higher Market State: 8 times — 16.7%
- then EURGBP moved to lower Market State: 40 times — 83.3%
▸Current EURGBP market energy: 28.79%
- Distance to upper bound of Bull Bias (at 60%): 31.21%
- Distance to lower bound of Bull Bias (at 20.88%): 7.91%
"Let data guide you, but never trust it completely" — 2AITRADING
After the Weekly candle closes, EURGBP within the energy zone tilted toward Bull.
Looking at the Market Energy reading, The energy level rose +24.8%: from 4% now at 28.8%.
Time in Bull Bias 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.
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What did EURGBP price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 02-05-2022 closed, EURGBP was at 0.8545, up 1.96% from the previous candle (0.83811). Market Energy was 28.8%, up 24.8 points from 4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EURGBP price move on this Weekly candle, and how large is that historically?
EURGBP closed at 0.8545, up 1.96% from the previous Weekly candle (0.83811). This rise is larger than 92% of past rises on the Weekly timeframe for EURGBP, across 209 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy rose 24.8 percentage points from the previous candle — from 4% to 28.8%. This rise is larger than 84% of past rises on the Weekly timeframe for EURGBP.
Do EURGBP price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. 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 4%, Neutral — when this candle closed, EURGBP moved up to a higher zone: Neutral → Bull Bias.
Where does EURGBP energy sit within the Bull Bias zone?
At 28.8%, EURGBP is 31.21 points from the upper boundary of Bull Bias (60%) and 7.91 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bear Extreme with energy -76.6%; GER40 (European equities) in Bear Extreme with energy -86.5%. Against this backdrop, EURGBP (Bull Bias, 28.8%) has higher energy 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 52.1%. EURGBP (Bull Bias) and DXY currently sit on the same Bull 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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