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| Price | ▲ 1.07% | ▲ 0.06% | ▲ 0.47% | ▲ 0.01% |
| Energy | ▲ 62.2 | ▲ 36.5 | ▲ 15.5 | ▼ 13.3 |
Trend of Bull Bias GBPJPY Daily
▸When GBPJPY is in Bull Bias:
- then GBPJPY moved to higher Market State: 300 times — 47.1%
- then GBPJPY moved to lower Market State: 337 times — 52.9%
▸Current GBPJPY market energy: 59.69%
- Distance to upper bound of Bull Bias (at 60%): 0.31%
- Distance to lower bound of Bull Bias (at 20.88%): 38.81%
"Let data guide you, but never trust it completely" — 2AITRADING
After the Daily candle closes, GBPJPY shows the Bull Bias state.
Market movement after the Daily candle closes, Market Energy moved from 73% to 59.7%, down -13.3% from the previous candle.
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, GBPJPY Market Energy ranged from -41.3 to +73.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 28-08-2020 closed, GBPJPY was at 140.682, up 0.01% from the previous candle (140.672). Market Energy was 59.7%, down 13.3 points from 73%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did GBPJPY price move on this Daily candle, and how large is that historically?
GBPJPY closed at 140.682, up 0.01% from the previous Daily candle (140.672). This rise is larger than 3% of past rises on the Daily timeframe for GBPJPY, across 520 candles since 2019.
How did GBPJPY Market Energy change from the previous candle?
Market Energy fell 13.3 percentage points from the previous candle — from 73% to 59.7%. This drop is larger than 56% of past drops on the Daily timeframe for GBPJPY.
Do GBPJPY price and energy agree?
No. Price moved up while energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was GBPJPY in on the previous Daily candle?
The previous Daily candle had GBPJPY at 73%, Bull Critical — when this candle closed, GBPJPY moved down to a lower zone: Bull Critical → Bull Bias.
Where does GBPJPY energy sit within the Bull Bias zone?
At 59.7%, GBPJPY is 0.31 points from the upper boundary of Bull Bias (60%) and 38.81 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 41.7%; GER40 (European equities) in Bear Bias with energy -45.1%. Against this backdrop, GBPJPY (Bull Bias, 59.7%) 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 Bias with Market Energy 31.6%. GBPJPY (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for GBPJPY.
Open Energy ChartSee the full 2AiTrading Model data for GBPJPY on the GBPJPY overview →
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