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| Price | ▲ 0.15% | ▼ 0.03% | ▲ 0.01% | ▲ 0.01% |
| Energy | ▲ 30.7 | ▲ 4.9 | ▼ 2.9 | ▲ 0.0 |
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: 3,136 times — 72.7%
▸Current GBPCAD market energy: 23.2%
- Distance to upper bound of Bull Bias (at 60%): 36.8%
- Distance to lower bound of Bull Bias (at 20.88%): 2.32%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
GBPCAD classified into the energy zone leaning Bull after the 1H candle completed.
On trend energy, Compared to the previous candle (23.2%), Market Energy rose 0% to 23.2%.
Time in Bull Bias energy zone: 4 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 -86.6 to +85.6.
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 03:00 on 08-05-2019 closed, GBPCAD was at 1.7616, up 0.01% from the previous candle (1.7613). Market Energy was 23.2%, up 0.0 points from 23.2%, 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 1.7616, up 0.01% from the previous 1H candle (1.7613). This rise is larger than 15% of past rises on the 1H timeframe for GBPCAD, across 2,161 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy was nearly unchanged from the previous candle, holding around 23.2%.
Do GBPCAD price and energy agree?
Yes. Both price and energy moved up 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 23.2%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPCAD energy sit within the Bull Bias zone?
At 23.2%, GBPCAD is 36.8 points from the upper boundary of Bull Bias (60%) and 2.32 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Neutral with energy 9.4%; GER40 (European equities) in Bear Extreme with energy -77%. Against this backdrop, GBPCAD (Bull Bias, 23.2%) has higher energy 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 Neutral with Market Energy 9%. GBPCAD energy is currently above DXY by 14.2 points.
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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