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| Price | ▼ 0.04% | ▲ 0.04% | ▼ 0.04% | ▼ 0.26% |
| Energy | ▼ 10.1 | ▼ 4.9 | ▼ 16.7 | ▼ 78.1 |
Trend of Bear Bias GBPCAD 1H
▸When GBPCAD is in Bear Bias:
- then GBPCAD moved to higher Market State: 3,139 times — 71.7%
- then GBPCAD moved to lower Market State: 1,236 times — 28.3%
▸Current GBPCAD market energy: -52.69%
- Distance to upper bound of Bear Bias (at -20.88%): 31.81%
- Distance to lower bound of Bear Bias (at -60%): 7.31%
"Does history really repeat itself?" — 2AITRADING
Following the completion of the 1H candle, Market GBPCAD in the Bear Bias level.
Market energy measurement Market Energy at -52.7%, down -78.1% from 25.4% in the previous candle.
Time in Bear Bias 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 -79.5 to +64.2.
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 15:00 on 27-01-2022 closed, GBPCAD was at 1.7025, down 0.26% from the previous candle (1.7069). Market Energy was -52.7%, down 78.1 points from 25.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPCAD price move on this 1H candle, and how large is that historically?
GBPCAD closed at 1.7025, down 0.26% from the previous 1H candle (1.7069). This drop is larger than 97% of past drops on the 1H timeframe for GBPCAD, across 19,156 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 78.1 percentage points from the previous candle — from 25.4% to -52.7%. This is the largest of all drops on the 1H timeframe for GBPCAD on record since 2019.
Do GBPCAD price and energy agree?
Yes. Both price and energy moved down 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 25.4%, Bull Bias — when this candle closed, GBPCAD moved down to a lower zone: Bull Bias → Bear Bias.
Where does GBPCAD energy sit within the Bear Bias zone?
At -52.7%, GBPCAD is 31.81 points from the upper boundary of Bear Bias (-20.88%) and 7.31 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bull Extreme with energy 77.9%; GER40 (European equities) in Bull Extreme with energy 97.3%. Against this backdrop, GBPCAD (Bear Bias, -52.7%) 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 86.1%. 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 →
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