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GBPCAD is currently controlled by buyers, in the Bull Bias zone. Measured energy: +23.2%.
See the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →
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UP–DOWN statistics for Bull Bias GBPCAD Weekly
▸When GBPCAD is in Bull Bias:
- then GBPCAD moved to higher Market State: 9 times — 16.1%
- then GBPCAD moved to lower Market State: 47 times — 83.9%
▸Current GBPCAD market energy: 23.21%
- Distance to upper bound of Bull Bias (at 60%): 36.79%
- Distance to lower bound of Bull Bias (at 20.88%): 2.33%
"Let data guide you, but never trust it completely" — 2AITRADING
Observing the completed Weekly candle, GBPCAD in the Bull Bias state.
On the 2AiTrading energy system, A +29.3% change from the previous candle, Market Energy is now 23.2% (previous: -6.1%).
Time in Bull Bias 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.
Not enough data in the past 5 days to show a range.
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What state was GBPCAD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 21-12-2020 closed, GBPCAD was in Bull Bias with Market Energy 23.2%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did GBPCAD Market Energy change from the previous candle?
Market Energy rose 29.3 percentage points from the previous candle — from -6.1% to 23.2%.
What state was GBPCAD in on the previous Weekly candle?
The previous Weekly candle had GBPCAD at -6.1%, 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 23.2%, GBPCAD is 36.79 points from the upper boundary of Bull Bias (60%) and 2.33 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 Bull Bias with energy 38.9%; GER40 (European equities) in Bear Bias with energy -25.6%. Against this backdrop, GBPCAD (Bull Bias, 23.2%) has higher energy than GER40; sits in the same state zone as SPX500.
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 Bias with Market Energy 54.2%. GBPCAD (Bull Bias) and DXY currently sit on the same Bull side.
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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