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| Price | ▼ 0.39% | ▲ 0.04% | ▲ 0.50% | ▲ 0.02% |
| Energy | ▼ 19.2 | ▼ 5.0 | ▲ 18.1 | ▲ 9.6 |
Trend of Bull Bias GBPCHF Daily
▸When GBPCHF is in Bull Bias:
- then GBPCHF moved to higher Market State: 100 times — 30.5%
- then GBPCHF moved to lower Market State: 228 times — 69.5%
▸Current GBPCHF market energy: 20.96%
- Distance to upper bound of Bull Bias (at 60%): 39.04%
- Distance to lower bound of Bull Bias (at 20.88%): 0.08%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Daily session concludes, GBPCHF noted at the Bull Bias state.
Per the 2AiTrading energy measurement system, Market Energy rose +9.6% this candle, currently 21% (previous candle 11.4%).
Time in Bull Bias energy zone: 1 Daily 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, GBPCHF Market Energy ranged from -6.7 to +21.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPCHF price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 11-08-2020 closed, GBPCHF was at 1.1975, up 0.02% from the previous candle (1.1973). Market Energy was 21%, up 9.6 points from 11.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did GBPCHF price move on this Daily candle, and how large is that historically?
GBPCHF closed at 1.1975, up 0.02% from the previous Daily candle (1.1973). This rise is larger than 6% of past rises on the Daily timeframe for GBPCHF, across 505 candles since 2019.
How did GBPCHF Market Energy change from the previous candle?
Market Energy rose 9.6 percentage points from the previous candle — from 11.4% to 21%. This rise is larger than 50% of past rises on the Daily timeframe for GBPCHF.
Do GBPCHF price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was GBPCHF in on the previous Daily candle?
The previous Daily candle had GBPCHF at 11.4%, Neutral — when this candle closed, GBPCHF moved up to a higher zone: Neutral → Bull Bias.
Where does GBPCHF energy sit within the Bull Bias zone?
At 21%, GBPCHF is 39.04 points from the upper boundary of Bull Bias (60%) and 0.08 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 38.2%; GER40 (European equities) in Bull Critical with energy 61.6%. Against this backdrop, GBPCHF (Bull Bias, 21%) lower 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 Neutral with Market Energy 19.1%. GBPCHF energy is currently above DXY by 1.9 points.
See the real-time energy chart for GBPCHF.
Open Energy ChartSee the full 2AiTrading Model data for GBPCHF on the GBPCHF overview →
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