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| Price | ▲ 0.09% | ▼ 0.01% | ▲ 0.03% | ▲ 0.05% |
| Energy | ▲ 0.3 | ▼ 0.9 | ▲ 0.5 | ▲ 5.3 |
Trend of Bull Bias GBPCAD 1H
▸When GBPCAD is in Bull Bias:
- then GBPCAD moved to higher Market State: 1,176 times — 27.3%
- then GBPCAD moved to lower Market State: 3,138 times — 72.7%
▸Current GBPCAD market energy: 59.92%
- Distance to upper bound of Bull Bias (at 60%): 0.08%
- Distance to lower bound of Bull Bias (at 20.88%): 39.04%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
With the 1H candle just closed, GBPCAD in energy leaning Bull.
Per the 2AiTrading energy measurement system, The energy level rose +5.3%: from 54.6% now at 59.9%.
Time in Bull Bias energy zone: 7 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, GBPCAD Market Energy ranged from -75 to +89.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPCAD price and energy show when this 1H candle closed?
When the 1H candle at 09:00 on 04-03-2019 closed, GBPCAD was at 1.7597, up 0.05% from the previous candle (1.7588). Market Energy was 59.9%, up 5.3 points from 54.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did GBPCAD price move on this 1H candle, and how large is that historically?
GBPCAD closed at 1.7597, up 0.05% from the previous 1H candle (1.7588). This rise is larger than 49% of past rises on the 1H timeframe for GBPCAD, across 1,038 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy rose 5.3 percentage points from the previous candle — from 54.6% to 59.9%. This rise is larger than 33% of past rises on the 1H timeframe for GBPCAD.
Do GBPCAD price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was GBPCAD in on the previous 1H candle?
The previous 1H candle had GBPCAD at 54.6%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPCAD energy sit within the Bull Bias zone?
At 59.9%, GBPCAD is 0.08 points from the upper boundary of Bull Bias (60%) and 39.04 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 Extreme with energy 85.9%; GER40 (European equities) in Neutral with energy 16.9%. Against this backdrop, GBPCAD (Bull Bias, 59.9%) has higher energy than GER40; lower than SPX500.
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 80.4%. GBPCAD (Bull Bias) and DXY currently sit on the same Bull side.
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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