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| Price | ▲ 0.06% | ▼ 1.15% | ▼ 1.12% | ▼ 0.51% |
| Energy | ▲ 4.2 | ▼ 17.0 | ▼ 17.9 | ▼ 11.1 |
Trend of Bear Critical GBPCAD Weekly
▸When GBPCAD is in Bear Critical:
- then GBPCAD moved to higher Market State: 14 times — 77.8%
- then GBPCAD moved to lower Market State: 4 times — 22.2%
▸Current GBPCAD market energy: -66.13%
- Distance to upper bound of Bear Critical (at -60%): 6.13%
- Distance to lower bound of Bear Critical (at -74.5%): 8.37%
"History always repeats itself, one way or another" — 2AITRADING
Following the completion of the Weekly candle, GBPCAD shows the near-extreme Bear energy zone.
Market energy movement Market Energy reading dropped -11.1%, moving from -55% to -66.1% after the Weekly candle.
Time in Bear Critical energy zone: 1 Weekly 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 -66.1 to -55.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPCAD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 30-04-2018 closed, GBPCAD was at 1.7397, down 0.51% from the previous candle (1.7486). Market Energy was -66.1%, down 11.1 points from -55%, 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 Weekly candle, and how large is that historically?
GBPCAD closed at 1.7397, down 0.51% from the previous Weekly candle (1.7486).
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 11.1 percentage points from the previous candle — from -55% to -66.1%.
Do GBPCAD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was GBPCAD in on the previous Weekly candle?
The previous Weekly candle had GBPCAD at -55%, Bear Bias — when this candle closed, GBPCAD moved down to a lower zone: Bear Bias → Bear Critical.
Where does GBPCAD energy sit within the Bear Critical zone?
At -66.1%, GBPCAD is 6.13 points from the upper boundary of Bear Critical (-60%) and 8.37 points from the lower boundary (-74.5%) — so energy sits closer to the upper 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 Neutral with energy -16.6%; GER40 (European equities) in Neutral with energy -13.3%. Against this backdrop, GBPCAD (Bear Critical, -66.1%) 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 84.4%. GBPCAD (Bear Critical) 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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