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Trend of Bull Bias GBPCHF 1H
▸When GBPCHF is in Bull Bias:
- then GBPCHF moved to higher Market State: 1,121 times — 26.4%
- then GBPCHF moved to lower Market State: 3,132 times — 73.6%
▸Current GBPCHF market energy: 31.48%
- Distance to upper bound of Bull Bias (at 60%): 28.52%
- Distance to lower bound of Bull Bias (at 20.88%): 10.6%
"Does history really repeat itself?" — 2AITRADING
The Bull Bias zone is the result just recorded for GBPCHF after the 1H candle closed.
End-of-session update for 1H, Energy delta +2.2%: Market Energy at 31.5%, previously 29.3%.
Time in Bull Bias energy zone: 4 1H 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 -74.2 to +87.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPCHF on 1H when this candle closed?
When the 1H candle at 23:00 on 02-10-2024 closed, GBPCHF was in Bull Bias with Market Energy 31.5%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did GBPCHF Market Energy change from the previous candle?
Market Energy rose 2.2 percentage points from the previous candle — from 29.3% to 31.5%.
What state was GBPCHF in on the previous 1H candle?
The previous 1H candle had GBPCHF at 29.3%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPCHF energy sit within the Bull Bias zone?
At 31.5%, GBPCHF is 28.52 points from the upper boundary of Bull Bias (60%) and 10.6 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 34.8%; GER40 (European equities) in Neutral with energy 16.4%. Against this backdrop, GBPCHF (Bull Bias, 31.5%) 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 Extreme with Market Energy 78.3%. GBPCHF (Bull Bias) and DXY currently sit on the same Bull side.
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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