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Trend of Bear Bias GBPAUD 1H
▸When GBPAUD is in Bear Bias:
- then GBPAUD moved to higher Market State: 3,212 times — 71.6%
- then GBPAUD moved to lower Market State: 1,273 times — 28.4%
▸Current GBPAUD market energy: -44.39%
- Distance to upper bound of Bear Bias (at -20.88%): 23.51%
- Distance to lower bound of Bear Bias (at -60%): 15.61%
"Let data guide you, but never trust it completely" — 2AITRADING
As the 1H candle completes, GBPAUD shows the energy zone leaning Bear.
Per the 2AiTrading energy measurement system, Energy delta -70.8%: Market Energy at -44.4%, previously 26.4%.
Time in Bear Bias energy zone: 1 1H 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 -46.9 to +67.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPAUD on 1H when this candle closed?
When the 1H candle at 07:00 on 17-10-2023 closed, GBPAUD was in Bear Bias with Market Energy -44.4%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did GBPAUD Market Energy change from the previous candle?
Market Energy fell 70.8 percentage points from the previous candle — from 26.4% to -44.4%.
What state was GBPAUD in on the previous 1H candle?
The previous 1H candle had GBPAUD at 26.4%, Bull Bias — when this candle closed, GBPAUD moved down to a lower zone: Bull Bias → Bear Bias.
Where does GBPAUD energy sit within the Bear Bias zone?
At -44.4%, GBPAUD is 23.51 points from the upper boundary of Bear Bias (-20.88%) and 15.61 points from the lower boundary (-60%) — so energy sits closer to the lower 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 62%; GER40 (European equities) in Bull Extreme with energy 77.8%. Against this backdrop, GBPAUD (Bear Bias, -44.4%) 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 Critical with Market Energy -71.6%. 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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