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| Price | ▼ 0.06% | ▲ 0.14% | ▲ 0.10% | ▲ 0.06% |
| Energy | ▼ 8.2 | ▲ 23.7 | ▲ 29.6 | ▲ 10.6 |
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: 38.32%
- Distance to upper bound of Bull Bias (at 60%): 21.68%
- Distance to lower bound of Bull Bias (at 20.88%): 17.44%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Observing the completed 1H candle, GBPCAD currently in the Bull Bias energy state.
On the energy side, Market Energy rose +10.6% from the previous session, from 27.8% to 38.3%.
Time in Bull Bias energy zone: 2 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 -74.7 to +76.3.
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 21:00 on 22-05-2020 closed, GBPCAD was at 1.7111, up 0.06% from the previous candle (1.7101). Market Energy was 38.3%, up 10.6 points from 27.8%, 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 1.7111, up 0.06% from the previous 1H candle (1.7101). This rise is larger than 54% of past rises on the 1H timeframe for GBPCAD, across 8,676 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy rose 10.6 percentage points from the previous candle — from 27.8% to 38.3%. This rise is larger than 58% of past rises on the 1H timeframe for GBPCAD.
Do GBPCAD price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. 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 27.8%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPCAD energy sit within the Bull Bias zone?
At 38.3%, GBPCAD is 21.68 points from the upper boundary of Bull Bias (60%) and 17.44 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 10.6%; GER40 (European equities) in Bull Critical with energy 65.5%. Against this backdrop, GBPCAD (Bull Bias, 38.3%) has higher energy than SPX500; lower than 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 60.9%. 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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