Analysis

·

Candle close
Price and energy
GBPCAD from 1.6815 to 1.6789, down 0.15%
Market Energy Neutral 12.3% to Bear Bias -43.4%, down 55.7 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.01%▲ 0.02%▼ 0.10%▼ 0.15%
Energy▲ 8.2▲ 0.4▼ 32.9▼ 55.7
Volatility trend chart · last 4 sessions
▲ 0.01%▲ 0.02%▼ 0.10%▼ 0.15%▲ 8.2▲ 0.4▼ 32.9▼ 55.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.15%: not enough data to rank
0%255075100%
Energy down 55.7 pts: not enough data to rank
RESEARCH

Trend of Bear Bias GBPCAD 1H

Sample: 58,383 1H candles from 2017-05-01 to 2026-10-08
Number of Bear Bias occurrences: 4,373 times

▸When GBPCAD is in Bear Bias:

  • then GBPCAD moved to higher Market State: 3,138 times — 71.8%
  • then GBPCAD moved to lower Market State: 1,235 times — 28.2%

▸Current GBPCAD market energy: -43.42%

  • Distance to upper bound of Bear Bias (at -20.88%): 22.54%
  • Distance to lower bound of Bear Bias (at -60%): 16.58%

"Why does archaeology matter?" — 2AITRADING

GBPCAD · H1 · 2018-08-22 07:00 UTC
Preview the last 30 candles — price and energy
View live GBPCAD chart →
Market Energy
12.3%
Neutral
-43.4%
Bear Bias
-62.5%
Bear Critical
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Reading from the 1H candle, GBPCAD within Bear Bias of Market Energy.

End-of-session update for 1H, Market trend energy recorded a -55.7% drop from the previous candle, from 12.3% to -43.4%.

Time in Bear Bias energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, GBPCAD Market Energy ranged from -84.5 to +87.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did GBPCAD price and energy show when this 1H candle closed?

When the 1H candle at 14:00 on 22-08-2018 closed, GBPCAD was at 1.6789, down 0.15% from the previous candle (1.6815). Market Energy was -43.4%, down 55.7 points from 12.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did GBPCAD price move on this 1H candle, and how large is that historically?

GBPCAD closed at 1.6789, down 0.15% from the previous 1H candle (1.6815).

How did GBPCAD Market Energy change from the previous candle?

Market Energy fell 55.7 percentage points from the previous candle — from 12.3% to -43.4%.

Do GBPCAD price and energy agree?

Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was GBPCAD in on the previous 1H candle?

The previous 1H candle had GBPCAD at 12.3%, 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 -43.4%, GBPCAD is 22.54 points from the upper boundary of Bear Bias (-20.88%) and 16.58 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 Bias with energy 29.9%; GER40 (European equities) in Bull Bias with energy 50.1%. Against this backdrop, GBPCAD (Bear Bias, -43.4%) 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 Extreme with Market Energy -78.1%. GBPCAD (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for GBPCAD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →

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