·
Trend of Bull Extreme GBPJPY Daily
▸When GBPJPY is in Bull Extreme:
- then GBPJPY moved to higher Market State: 0 times — 0%
- then GBPJPY moved to lower Market State: 333 times — 100%
▸Current GBPJPY market energy: 76.64%
- Distance to peak 100%: 23.36%
- Distance to lower bound of Bull Extreme (at 74.5%): 2.14%
"History always repeats itself, one way or another" — 2AITRADING
After the Daily candle closes, GBPJPY noted at Bull Extreme.
On the energy side, Market trend energy recorded a -21.8% drop from the previous candle, from 98.5% to 76.6%.
Time in Bull Extreme energy zone: 4 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 +76.6 to +100.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPJPY on Daily when this candle closed?
When the Daily candle at 07:00 on 29-04-2024 closed, GBPJPY was in Bull Extreme with Market Energy 76.6%, controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How did GBPJPY Market Energy change from the previous candle?
Market Energy fell 23.3 percentage points from the previous candle — from 100% to 76.6%.
What state was GBPJPY in on the previous Daily candle?
The previous Daily candle had GBPJPY at 100%, Bull Extreme — this candle kept the same state, no zone change.
Where does GBPJPY energy sit within the Bull Extreme zone?
At 76.6%, GBPJPY is 23.36 points from the upper boundary of Bull Extreme (100%) and 2.14 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 Critical with energy 60.5%; GER40 (European equities) in Bull Extreme with energy 78%. Against this backdrop, GBPJPY (Bull Extreme, 76.6%) has higher energy than SPX500; sits in the same state zone as 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 Critical with Market Energy 61.3%. GBPJPY (Bull Extreme) 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 →
To jump to a symbol you're interested in, click .