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| Price | ▲ 0.37% | ▲ 0.30% | ▼ 0.99% | ▼ 0.39% |
| Energy | ▲ 6.4 | ▲ 5.0 | ▼ 55.2 | ▼ 36.3 |
Trend of Bear Bias GBPAUD Daily
▸When GBPAUD is in Bear Bias:
- then GBPAUD moved to higher Market State: 228 times — 70.8%
- then GBPAUD moved to lower Market State: 94 times — 29.2%
▸Current GBPAUD market energy: -31.64%
- Distance to upper bound of Bear Bias (at -20.88%): 10.76%
- Distance to lower bound of Bear Bias (at -60%): 28.36%
"A person's history reveals more than you might think" — 2AITRADING
As the Daily session concludes, Market Energy of GBPAUD indicates the Bear Bias zone.
Looking at the Market Energy reading, Market Energy dropped -36.3% from the previous session, from 4.7% to -31.6%.
Time in Bear Bias energy zone: 1 Daily 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, GBPAUD Market Energy ranged from -31.6 to +59.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPAUD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 13-07-2023 closed, GBPAUD was at 1.9059, down 0.39% from the previous candle (1.9133). Market Energy was -31.6%, down 36.3 points from 4.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPAUD price move on this Daily candle, and how large is that historically?
GBPAUD closed at 1.9059, down 0.39% from the previous Daily candle (1.9133). This drop is larger than 65% of past drops on the Daily timeframe for GBPAUD, across 1,415 candles since 2019.
How did GBPAUD Market Energy change from the previous candle?
Market Energy fell 36.3 percentage points from the previous candle — from 4.7% to -31.6%. This drop is larger than 93% of past drops on the Daily timeframe for GBPAUD.
Do GBPAUD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was GBPAUD in on the previous Daily candle?
The previous Daily candle had GBPAUD at 4.7%, Neutral — when this candle closed, GBPAUD moved down to a lower zone: Neutral → Bear Bias.
Where does GBPAUD energy sit within the Bear Bias zone?
At -31.6%, GBPAUD is 10.76 points from the upper boundary of Bear Bias (-20.88%) and 28.36 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 Bias with energy 55.9%; GER40 (European equities) in Bull Extreme with energy 87.4%. Against this backdrop, GBPAUD (Bear Bias, -31.6%) 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 Extreme with Market Energy -90.3%. GBPAUD (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for GBPAUD.
Open Energy ChartSee the full 2AiTrading Model data for GBPAUD on the GBPAUD overview →
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