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Trend of Bear Bias EURGBP Weekly
▸When EURGBP is in Bear Bias:
- then EURGBP moved to higher Market State: 52 times — 82.5%
- then EURGBP moved to lower Market State: 11 times — 17.5%
▸Current EURGBP market energy: -29.08%
- Distance to upper bound of Bear Bias (at -20.88%): 8.2%
- Distance to lower bound of Bear Bias (at -60%): 30.92%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
After the Weekly session ends, EURGBP in the energy state leaning Bear.
Market trend on the 2AiTrading energy system Energy delta -10.9%: Market Energy at -29.1%, previously -18.2%.
Time in Bear 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURGBP on Weekly when this candle closed?
When the Weekly candle at 07:00 on 24-10-2022 closed, EURGBP was in Bear Bias with Market Energy -29.1%, 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 10.9 percentage points from the previous candle — from -18.2% to -29.1%.
What state was EURGBP in on the previous Weekly candle?
The previous Weekly candle had EURGBP at -18.2%, Neutral — when this candle closed, EURGBP moved down to a lower zone: Neutral → Bear Bias.
Where does EURGBP energy sit within the Bear Bias zone?
At -29.1%, EURGBP is 8.2 points from the upper boundary of Bear Bias (-20.88%) and 30.92 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Critical with energy 64.1%; GER40 (European equities) in Bull Extreme with energy 96%. Against this backdrop, EURGBP (Bear Bias, -29.1%) 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 Bear Bias with Market Energy -29.2%. EURGBP (Bear Bias) and DXY currently sit on the same Bear 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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