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GBPCAD is currently controlled by sellers, in the Bear Bias zone. Measured energy: -24.4%.
See the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →
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UP–DOWN statistics for Bear Bias GBPCAD Daily
▸When GBPCAD is in Bear Bias:
- then GBPCAD moved to higher Market State: 244 times — 75.1%
- then GBPCAD moved to lower Market State: 81 times — 24.9%
▸Current GBPCAD market energy: -24.45%
- Distance to upper bound of Bear Bias (at -20.88%): 3.57%
- Distance to lower bound of Bear Bias (at -60%): 35.55%
"Why does archaeology matter?" — 2AITRADING
Bear Bias is the result just recorded for GBPCAD after the Daily candle closed.
The market energy reading Energy delta -6.3%: Market Energy at -24.4%, previously -18.1%.
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, GBPCAD Market Energy ranged from -24.4 to -17.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPCAD on Daily when this candle closed?
When the Daily candle at 07:00 on 21-12-2016 closed, GBPCAD was in Bear Bias with Market Energy -24.4%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 6.3 percentage points from the previous candle — from -18.1% to -24.4%.
What state was GBPCAD in on the previous Daily candle?
The previous Daily candle had GBPCAD at -18.1%, Neutral — when this candle closed, GBPCAD moved down to a lower zone: Neutral → Bear Bias.
Where does GBPCAD energy sit within the Bear Bias zone?
At -24.4%, GBPCAD is 3.57 points from the upper boundary of Bear Bias (-20.88%) and 35.55 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 31.8%; GER40 (European equities) in Bull Bias with energy 29.5%. Against this backdrop, GBPCAD (Bear Bias, -24.4%) 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 Bull Extreme with Market Energy 78.4%. GBPCAD (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for GBPCAD.
Open Energy ChartSee the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →
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