·
| Price | ▲ 0.03% | ▼ 0.06% | ▼ 0.00% | ▼ 0.01% |
| Energy | ▲ 0.1 | ▼ 5.3 | ▼ 4.4 | ▼ 4.7 |
Trend of Bull Bias GBPJPY 1H
▸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: 55.04%
- Distance to upper bound of Bull Bias (at 60%): 4.96%
- Distance to lower bound of Bull Bias (at 20.88%): 34.16%
"Let data guide you, but never trust it completely" — 2AITRADING
After the system processes the 1H candle, GBPJPY reflects Bull Bias of Market Energy.
Market trend on the 2AiTrading energy system Market Energy moved from 59.8% to 55%, down -4.7% from the previous candle.
Time in Bull Bias energy zone: 2 1H 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 -83.1 to +99.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPJPY price and energy show when this 1H candle closed?
When the 1H candle at 06:00 on 24-07-2023 closed, GBPJPY was at 182.192, down 0.01% from the previous candle (182.208). Market Energy was 55%, down 4.7 points from 59.8%, 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 182.192, down 0.01% from the previous 1H candle (182.208). This drop is larger than 9% of past drops on the 1H timeframe for GBPJPY, across 28,429 candles since 2019.
How did GBPJPY Market Energy change from the previous candle?
Market Energy fell 4.7 percentage points from the previous candle — from 59.8% to 55%. This drop is larger than 33% of past drops on the 1H timeframe for GBPJPY.
Do GBPJPY price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 59.8%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPJPY energy sit within the Bull Bias zone?
At 55%, GBPJPY is 4.96 points from the upper boundary of Bull Bias (60%) and 34.16 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 Bear Extreme with energy -81.5%; GER40 (European equities) in Neutral with energy 15.8%. Against this backdrop, GBPJPY (Bull Bias, 55%) has higher energy 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 Bias with Market Energy 53%. 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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