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| Price | ▼ 0.01% | ▼ 0.22% | ▼ 0.11% | ▼ 0.30% |
| Energy | ▼ 1.7 | ▼ 58.4 | ▼ 42.8 | ▼ 33.4 |
Trend of Bear Critical GBPCAD 1H
▸When GBPCAD is in Bear Critical:
- then GBPCAD moved to higher Market State: 1,190 times — 74.5%
- then GBPCAD moved to lower Market State: 408 times — 25.5%
▸Current GBPCAD market energy: -69.97%
- Distance to upper bound of Bear Critical (at -60%): 9.97%
- Distance to lower bound of Bear Critical (at -74.5%): 4.53%
"A person's history reveals more than you might think" — 2AITRADING
The near-extreme Bear energy state is the result just recorded for GBPCAD after the 1H candle closed.
End-of-session energy readings on 1H, Market trend energy recorded a -33.4% drop from the previous candle, from -36.6% to -70%.
Time in Bear Critical energy zone: 1 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 -70 to +66.3.
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 18:00 on 21-04-2020 closed, GBPCAD was at 1.7502, down 0.3% from the previous candle (1.7555). Market Energy was -70%, down 33.4 points from -36.6%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did GBPCAD price move on this 1H candle, and how large is that historically?
GBPCAD closed at 1.7502, down 0.3% from the previous 1H candle (1.7555). This drop is larger than 97% of past drops on the 1H timeframe for GBPCAD, across 8,121 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 33.4 percentage points from the previous candle — from -36.6% to -70%. This drop is larger than 93% of past drops on the 1H timeframe for GBPCAD.
Do GBPCAD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 -36.6%, Bear Bias — when this candle closed, GBPCAD moved down to a lower zone: Bear Bias → Bear Critical.
Where does GBPCAD energy sit within the Bear Critical zone?
At -70%, GBPCAD is 9.97 points from the upper boundary of Bear Critical (-60%) and 4.53 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bear Critical mean?
Bear Critical 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 Critical 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 Bear Extreme with energy -85.3%; GER40 (European equities) in Bear Critical with energy -74.2%. Against this backdrop, GBPCAD (Bear Critical, -70%) has higher energy than SPX500; sits in the same state zone as 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 Critical with Market Energy 62%. GBPCAD (Bear Critical) 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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