Analysis

·

Candle close
Price and energy
GBPCAD from 1.549 to 1.5488, down 0.01%
Market Energy Neutral 20.8% to Bull Bias 29.1%, up 8.3 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.00%▼ 0.09%▲ 0.15%▼ 0.01%
Energy▲ 1.7▼ 29.2▲ 32.6▲ 8.3
Volatility trend chart · last 4 sessions
▼ 0.00%▼ 0.09%▲ 0.15%▼ 0.01%▲ 1.7▼ 29.2▲ 32.6▲ 8.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.01% — higher than 12% of past drops
0%255075100%
Energy up 8.3 pts — higher than 50% of past rises
RESEARCH

Trend of Bull Bias GBPCAD 1H

Sample: 58,382 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Bias occurrences: 4,312 times

▸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: 29.09%

  • Distance to upper bound of Bull Bias (at 60%): 30.91%
  • Distance to lower bound of Bull Bias (at 20.88%): 8.21%

"Why does archaeology matter?" — 2AITRADING

GBPCAD · H1 · 2022-07-13 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
20.8%
Neutral
29.1%
Bull Bias
21.5%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

GBPCAD classified into Bull Bias of Market Energy after the 1H candle completed.

Market energy measurement Market Energy rose +8.3% from the previous session, from 20.8% to 29.1%.

Time in Bull Bias energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, GBPCAD Market Energy ranged from -83.7 to +83.3.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did GBPCAD price and energy show when this 1H candle closed?

When the 1H candle at 10:00 on 13-07-2022 closed, GBPCAD was at 1.5488, down 0.01% from the previous candle (1.549). Market Energy was 29.1%, up 8.3 points from 20.8%, 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 1.5488, down 0.01% from the previous 1H candle (1.549). This drop is larger than 12% of past drops on the 1H timeframe for GBPCAD, across 22,008 candles since 2019.

How did GBPCAD Market Energy change from the previous candle?

Market Energy rose 8.3 percentage points from the previous candle — from 20.8% to 29.1%. This rise is larger than 50% of past rises on the 1H timeframe for GBPCAD.

Do GBPCAD price and energy agree?

No. This candle recorded a price decline with energy moving the other 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 20.8%, Neutral — when this candle closed, GBPCAD moved up to a higher zone: Neutral → Bull Bias.

Where does GBPCAD energy sit within the Bull Bias zone?

At 29.1%, GBPCAD is 30.91 points from the upper boundary of Bull Bias (60%) and 8.21 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 -12.1%; GER40 (European equities) in Neutral with energy -6%. Against this backdrop, GBPCAD (Bull Bias, 29.1%) 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 3%. GBPCAD energy is currently above DXY by 26.1 points.

Real-time Energy Chart

See the real-time energy chart for GBPCAD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →

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