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| Price | ▲ 0.05% | ▲ 0.75% | ▲ 0.67% | ▲ 1.45% |
| Energy | ▼ 3.6 | ▲ 22.4 | ▲ 20.1 | ▲ 30.7 |
Trend of Bull Bias GBPCHF Weekly
▸When GBPCHF is in Bull Bias:
- then GBPCHF moved to higher Market State: 11 times — 20%
- then GBPCHF moved to lower Market State: 44 times — 80%
▸Current GBPCHF market energy: 44.78%
- Distance to upper bound of Bull Bias (at 60%): 15.22%
- Distance to lower bound of Bull Bias (at 20.88%): 23.9%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
The energy state leaning Bull recorded from just-completed Weekly candle data for GBPCHF.
The energy side shows Market trend energy recorded a +30.7% rise from the previous candle, from 14.1% to 44.8%.
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 did GBPCHF price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 08-07-2024 closed, GBPCHF was at 1.1632, up 1.45% from the previous candle (1.1465). Market Energy was 44.8%, up 30.7 points from 14.1%, 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 Weekly candle, and how large is that historically?
GBPCHF closed at 1.1632, up 1.45% from the previous Weekly candle (1.1465). This rise is larger than 85% of past rises on the Weekly timeframe for GBPCHF, across 288 candles since 2019.
How did GBPCHF Market Energy change from the previous candle?
Market Energy rose 30.7 percentage points from the previous candle — from 14.1% to 44.8%. This rise is larger than 91% of past rises on the Weekly 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 Weekly candle?
The previous Weekly candle had GBPCHF at 14.1%, 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 44.8%, GBPCHF is 15.22 points from the upper boundary of Bull Bias (60%) and 23.9 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 50.9%; GER40 (European equities) in Bear Bias with energy -49.6%. Against this backdrop, GBPCHF (Bull Bias, 44.8%) 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 Neutral with Market Energy -0.4%. GBPCHF energy is currently above DXY by 45.2 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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