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| Price | ▼ 0.10% | ▲ 0.17% | ▼ 0.26% | ▲ 0.10% |
| Energy | ▲ 6.0 | ▲ 20.9 | ▼ 9.2 | ▲ 17.2 |
Trend of Bear Bias GBPJPY Daily
▸When GBPJPY is in Bear Bias:
- then GBPJPY moved to higher Market State: 336 times — 62.6%
- then GBPJPY moved to lower Market State: 201 times — 37.4%
▸Current GBPJPY market energy: -29.87%
- Distance to upper bound of Bear Bias (at -20.88%): 8.99%
- Distance to lower bound of Bear Bias (at -60%): 30.13%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Observing the completed Daily candle, GBPJPY noted at the Market Energy zone leaning Bear.
Looking at the energy level, Market Energy rose +8% this candle, currently -29.9% (previous candle -37.8%).
Time in Bear Bias energy zone: 3 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 -64.7 to -29.9.
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 02-11-2020 closed, GBPJPY was at 135.322, up 0.1% from the previous candle (135.181). Market Energy was -29.9%, up 17.2 points from -47%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPJPY price move on this Daily candle, and how large is that historically?
GBPJPY closed at 135.322, up 0.1% from the previous Daily candle (135.181). This rise is larger than 29% of past rises on the Daily timeframe for GBPJPY, across 576 candles since 2019.
How did GBPJPY Market Energy change from the previous candle?
Market Energy rose 17.2 percentage points from the previous candle — from -47% to -29.9%. This rise is larger than 62% of past rises on the Daily timeframe for GBPJPY.
Do GBPJPY price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. 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 -47%, Bear Bias — this candle kept the same state, no zone change.
Where does GBPJPY energy sit within the Bear Bias zone?
At -29.9%, GBPJPY is 8.99 points from the upper boundary of Bear Bias (-20.88%) and 30.13 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Neutral with energy 20%; GER40 (European equities) in Bull Bias with energy 49.5%. Against this backdrop, GBPJPY (Bear Bias, -29.9%) lower 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 Extreme with Market Energy 74.8%. GBPJPY (Bear Bias) and DXY currently sit on opposite sides.
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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