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Trend of Bull Bias GBPAUD Weekly
▸When GBPAUD is in Bull Bias:
- then GBPAUD moved to higher Market State: 23 times — 34.3%
- then GBPAUD moved to lower Market State: 44 times — 65.7%
▸Current GBPAUD market energy: 57.78%
- Distance to upper bound of Bull Bias (at 60%): 2.22%
- Distance to lower bound of Bull Bias (at 20.88%): 36.9%
"To truly understand anything, study its history" — 2AITRADING
GBPAUD recorded in trend energy leaning Bull as the Weekly candle ended.
On the measurement side, Market Energy rose +3.5% from the previous candle, from 54.3% to 57.8%.
Time in Bull Bias energy zone: 2 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 state was GBPAUD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 24-10-2022 closed, GBPAUD was in Bull Bias with Market Energy 57.8%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did GBPAUD Market Energy change from the previous candle?
Market Energy rose 3.5 percentage points from the previous candle — from 54.3% to 57.8%.
What state was GBPAUD in on the previous Weekly candle?
The previous Weekly candle had GBPAUD at 54.3%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPAUD energy sit within the Bull Bias zone?
At 57.8%, GBPAUD is 2.22 points from the upper boundary of Bull Bias (60%) and 36.9 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bull Critical with energy 64.1%; GER40 (European equities) in Bull Extreme with energy 96%. Against this backdrop, GBPAUD (Bull Bias, 57.8%) 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%. GBPAUD (Bull Bias) and DXY currently sit on opposite sides.
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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