Analysis

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Candle close
Price and energy
GBPCAD from 1.5649 to 1.5588, down 0.39%
Market Energy Bull Bias 31.6% to Bear Critical -71.8%, down 103.5 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.04%▲ 0.08%▼ 0.02%▼ 0.39%
Energy▼ 7.3▲ 17.6▲ 2.7▼ 103.5
Volatility trend chart · last 4 sessions
▼ 0.04%▲ 0.08%▼ 0.02%▼ 0.39%▼ 7.3▲ 17.6▲ 2.7▼ 103.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.39% — higher than 99% of past drops
0%255075100%
Energy down 103.5 pts — largest on record (since 2019)
RESEARCH

Trend of Bear Critical GBPCAD 1H

Sample: 58,401 1H candles from 2017-05-01 to 2026-10-08
Number of Bear Critical occurrences: 1,599 times

▸When GBPCAD is in Bear Critical:

  • then GBPCAD moved to higher Market State: 1,191 times — 74.5%
  • then GBPCAD moved to lower Market State: 408 times — 25.5%

▸Current GBPCAD market energy: -71.82%

  • Distance to upper bound of Bear Critical (at -60%): 11.82%
  • Distance to lower bound of Bear Critical (at -74.5%): 2.68%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

GBPCAD · H1 · 2022-08-05 12:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
31.6%
Bull Bias
-71.8%
Bear Critical
-74.3%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

As the 1H candle closes, GBPCAD in Bear Critical.

Observing the GBPCAD market this session, Market Energy dropped -103.5% this candle, currently -71.8% (previous candle 31.6%).

Time in Bear Critical 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 -91.5 to +93.8.

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 19:00 on 05-08-2022 closed, GBPCAD was at 1.5588, down 0.39% from the previous candle (1.5649). Market Energy was -71.8%, down 103.5 points from 31.6%, 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 1.5588, down 0.39% from the previous 1H candle (1.5649). This drop is larger than 99% of past drops on the 1H timeframe for GBPCAD, across 22,425 candles since 2019.

How did GBPCAD Market Energy change from the previous candle?

Market Energy fell 103.5 percentage points from the previous candle — from 31.6% to -71.8%. This is the largest of all drops on the 1H timeframe for GBPCAD on record since 2019.

Do GBPCAD price and energy agree?

Yes. On this candle price fell and energy fell — 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 31.6%, Bull Bias — when this candle closed, GBPCAD moved down to a lower zone: Bull Bias → Bear Critical.

Where does GBPCAD energy sit within the Bear Critical zone?

At -71.8%, GBPCAD is 11.82 points from the upper boundary of Bear Critical (-60%) and 2.68 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 -91.3%; GER40 (European equities) in Bear Bias with energy -58%. Against this backdrop, GBPCAD (Bear Critical, -71.8%) 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 Extreme with Market Energy 96.7%. GBPCAD (Bear Critical) and DXY currently sit on opposite sides.

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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