·
| Price | ▲ 0.70% | ▼ 0.40% | ▼ 0.12% | ▼ 0.72% |
| Energy | ▲ 75.0 | ▼ 18.5 | ▼ 20.6 | ▼ 70.5 |
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: -47.14%
- Distance to upper bound of Bear Bias (at -20.88%): 26.26%
- Distance to lower bound of Bear Bias (at -60%): 12.86%
"Does history really repeat itself?" — 2AITRADING
Once measurement on the Daily timeframe completes, GBPJPY recorded in the Bear Bias energy zone.
The GBPJPY market at session end, Market Energy dropped -70.5% from the previous session, from 23.3% to -47.1%.
Time in Bear 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 -47.1 to +62.5.
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 22-04-2021 closed, GBPJPY was at 149.411, down 0.72% from the previous candle (150.494). Market Energy was -47.1%, down 70.5 points from 23.3%, 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 149.411, down 0.72% from the previous Daily candle (150.494). This drop is larger than 85% of past drops on the Daily timeframe for GBPJPY, across 721 candles since 2019.
How did GBPJPY Market Energy change from the previous candle?
Market Energy fell 70.5 percentage points from the previous candle — from 23.3% to -47.1%. This drop is larger than 97% of past drops on the Daily timeframe for GBPJPY.
Do GBPJPY price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was GBPJPY in on the previous Daily candle?
The previous Daily candle had GBPJPY at 23.3%, Bull Bias — when this candle closed, GBPJPY moved down to a lower zone: Bull Bias → Bear Bias.
Where does GBPJPY energy sit within the Bear Bias zone?
At -47.1%, GBPJPY is 26.26 points from the upper boundary of Bear Bias (-20.88%) and 12.86 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bull Extreme with energy 75%; GER40 (European equities) in Bull Extreme with energy 78%. Against this backdrop, GBPJPY (Bear Bias, -47.1%) 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 Bear Extreme with Market Energy -81.1%. GBPJPY (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for GBPJPY.
Open Energy ChartSee the full 2AiTrading Model data for GBPJPY on the GBPJPY overview →
To jump to a symbol you're interested in, click .