·
GBPCAD is currently controlled by sellers, in the Bear Bias zone. Measured energy: -38.3%.
See the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →
To jump to a symbol you're interested in, click .
UP–DOWN statistics for Bear Bias GBPCAD 1H
▸When GBPCAD is in Bear Bias:
- then GBPCAD moved to higher Market State: 3,102 times — 71.9%
- then GBPCAD moved to lower Market State: 1,211 times — 28.1%
▸Current GBPCAD market energy: -38.29%
- Distance to upper bound of Bear Bias (at -20.88%): 17.41%
- Distance to lower bound of Bear Bias (at -60%): 21.71%
"A person's history reveals more than you might think" — 2AITRADING
The Bear Bias state is the result just recorded for GBPCAD after the 1H candle closed.
On the 2AiTrading energy system, Market trend energy recorded a +19.2% rise from the previous candle, from -57.5% to -38.3%.
Time in Bear Bias energy zone: 5 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 +84.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPCAD on 1H when this candle closed?
When the 1H candle at 03:00 on 18-08-2021 closed, GBPCAD was in Bear Bias with Market Energy -38.3%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did GBPCAD Market Energy change from the previous candle?
Market Energy rose 19.2 percentage points from the previous candle — from -57.5% to -38.3%.
What state was GBPCAD in on the previous 1H candle?
The previous 1H candle had GBPCAD at -57.5%, Bear Bias — this candle kept the same state, no zone change.
Where does GBPCAD energy sit within the Bear Bias zone?
At -38.3%, GBPCAD is 17.41 points from the upper boundary of Bear Bias (-20.88%) and 21.71 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Neutral with energy 14.9%; GER40 (European equities) in Bull Bias with energy 22.3%. Against this backdrop, GBPCAD (Bear Bias, -38.3%) 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 Bull Extreme with Market Energy 93%. GBPCAD (Bear Bias) 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 →
To jump to a symbol you're interested in, click .