Analysis

·

Candle close
Price and energy
GBPJPY from 171.821 to 171.744, down 0.04%
Market Energy Bull Bias 47.9% to Bull Bias 36.5%, down 11.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.00%▼ 0.01%▲ 0.07%▼ 0.04%
Energy▼ 8.7▼ 10.4▲ 18.8▼ 11.4
Volatility trend chart · last 4 sessions
▲ 0.00%▼ 0.01%▲ 0.07%▼ 0.04%▼ 8.7▼ 10.4▲ 18.8▼ 11.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.04% — higher than 42% of past drops
0%255075100%
Energy down 11.4 pts — higher than 59% of past drops
RESEARCH

Trend of Bull Bias GBPJPY 1H

Sample: 73,023 1H candles from 2015-01-01 to 2026-09-25
Number of Bull Bias occurrences: 5,883 times

▸When GBPJPY is in Bull Bias:

  • then GBPJPY moved to higher Market State: 2,434 times — 41.4%
  • then GBPJPY moved to lower Market State: 3,449 times — 58.6%

▸Current GBPJPY market energy: 36.48%

  • Distance to upper bound of Bull Bias (at 60%): 23.52%
  • Distance to lower bound of Bull Bias (at 20.88%): 15.6%

"History always repeats itself, one way or another" — 2AITRADING

GBPJPY · H1 · 2023-05-02 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
47.9%
Bull Bias
36.5%
Bull Bias
44.6%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

With the 1H candle just closed, GBPJPY shows the Bull trend energy zone.

The GBPJPY market at session end, Compared to the previous candle (47.9%), Market Energy dropped -11.4% to 36.5%.

Time in Bull Bias energy zone: 12 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, GBPJPY Market Energy ranged from -96.3 to +99.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did GBPJPY price and energy show when this 1H candle closed?

When the 1H candle at 09:00 on 02-05-2023 closed, GBPJPY was at 171.744, down 0.04% from the previous candle (171.821). Market Energy was 36.5%, down 11.4 points from 47.9%, 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 1H candle, and how large is that historically?

GBPJPY closed at 171.744, down 0.04% from the previous 1H candle (171.821). This drop is larger than 42% of past drops on the 1H timeframe for GBPJPY, across 27,016 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy fell 11.4 percentage points from the previous candle — from 47.9% to 36.5%. This drop is larger than 59% of past drops on the 1H timeframe for GBPJPY.

Do GBPJPY price and energy agree?

Yes. Both price and 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 1H candle?

The previous 1H candle had GBPJPY at 47.9%, Bull Bias — this candle kept the same state, no zone change.

Where does GBPJPY energy sit within the Bull Bias zone?

At 36.5%, GBPJPY is 23.52 points from the upper boundary of Bull Bias (60%) and 15.6 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -28.9%; GER40 (European equities) in Bull Critical with energy 65.7%. Against this backdrop, GBPJPY (Bull Bias, 36.5%) has higher energy than SPX500; lower than 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 Bias with Market Energy 48.5%. GBPJPY (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for GBPJPY.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for GBPJPY on the GBPJPY overview →

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