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| Price | ▲ 0.17% | ▼ 3.32% | ▲ 4.72% | ▼ 0.94% |
| Energy | ▲ 8.5 | ▼ 17.6 | ▲ 90.3 | ▲ 12.7 |
Trend of 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: 23.23%
- Distance to upper bound of Bull Bias (at 60%): 36.77%
- Distance to lower bound of Bull Bias (at 20.88%): 2.35%
"A person's history reveals more than you might think" — 2AITRADING
GBPCAD processing result: the Bull Bias zone after the Weekly candle closed.
On the energy side, Compared to the previous candle (10.5%), Market Energy rose +12.7% to 23.2%.
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.
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 03-10-2022 closed, GBPCAD was at 1.5205, down 0.94% from the previous candle (1.5349). Market Energy was 23.2%, up 12.7 points from 10.5%, 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 Weekly candle, and how large is that historically?
GBPCAD closed at 1.5205, down 0.94% from the previous Weekly candle (1.5349). This drop is larger than 68% of past drops on the Weekly timeframe for GBPCAD, across 231 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy rose 12.7 percentage points from the previous candle — from 10.5% to 23.2%. This rise is larger than 56% of past rises on the Weekly timeframe for GBPCAD.
Do GBPCAD price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. 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 10.5%, 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 36.77 points from the upper boundary of Bull Bias (60%) and 2.35 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 Bear Extreme with energy -92.5%; GER40 (European equities) in Bear Extreme with energy -100%. Against this backdrop, GBPCAD (Bull Bias, 23.2%) 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 -12.9%. GBPCAD energy is currently above DXY by 36.2 points.
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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