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| Price | ▲ 1.66% | ▲ 2.29% | ▲ 1.07% | ▼ 0.39% |
| Energy | ▲ 12.8 | ▲ 13.4 | ▲ 7.0 | ▼ 5.4 |
Trend of Bull Critical GBPCAD Weekly
▸When GBPCAD is in Bull Critical:
- then GBPCAD moved to higher Market State: 1 times — 10%
- then GBPCAD moved to lower Market State: 9 times — 90%
▸Current GBPCAD market energy: 72.64%
- Distance to upper bound of Bull Critical (at 74.5%): 1.86%
- Distance to lower bound of Bull Critical (at 60%): 12.64%
"History always repeats itself, one way or another" — 2AITRADING
From the just-closed Weekly candle data, GBPCAD recorded in Bull Critical.
Looking at the energy level, The energy level dropped -5.4%: from 78% now at 72.6%.
Time in Bull 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.
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 12-12-2022 closed, GBPCAD was at 1.6645, down 0.39% from the previous candle (1.6711). Market Energy was 72.6%, down 5.4 points from 78%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did GBPCAD price move on this Weekly candle, and how large is that historically?
GBPCAD closed at 1.6645, down 0.39% from the previous Weekly candle (1.6711). This drop is larger than 31% of past drops on the Weekly timeframe for GBPCAD, across 241 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 5.4 percentage points from the previous candle — from 78% to 72.6%. This drop is larger than 37% of past drops on the Weekly timeframe for GBPCAD.
Do GBPCAD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 78%, Bull Extreme — when this candle closed, GBPCAD moved down to a lower zone: Bull Extreme → Bull Critical.
Where does GBPCAD energy sit within the Bull Critical zone?
At 72.6%, GBPCAD is 1.86 points from the upper boundary of Bull Critical (74.5%) and 12.64 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull 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 Bull 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 -80.7%; GER40 (European equities) in Bear Bias with energy -25.5%. Against this backdrop, GBPCAD (Bull Critical, 72.6%) 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 Bull Bias with Market Energy 35.5%. GBPCAD (Bull Critical) 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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