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| Price | ▼ 0.02% | ▼ 0.01% | ▼ 0.02% | ▲ 0.03% |
| Energy | ▲ 3.9 | ▼ 5.8 | ▼ 7.9 | ▲ 12.7 |
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: 3,448 times — 58.6%
▸Current GBPJPY market energy: 35%
- Distance to upper bound of Bull Bias (at 60%): 25%
- Distance to lower bound of Bull Bias (at 20.88%): 14.12%
"Does history really repeat itself?" — 2AITRADING
After the system processes the 1H candle, GBPJPY in the Bull Bias energy level.
Observing the GBPJPY market this session, Compared to the previous candle (22.3%), Market Energy rose +12.7% to 35%.
Time in Bull Bias energy zone: 5 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 -70.7 to +95.6.
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 02:00 on 29-05-2024 closed, GBPJPY was at 200.566, up 0.03% from the previous candle (200.504). Market Energy was 35%, up 12.7 points from 22.3%, 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 200.566, up 0.03% from the previous 1H candle (200.504). This rise is larger than 30% of past rises on the 1H timeframe for GBPJPY, across 33,705 candles since 2019.
How did GBPJPY Market Energy change from the previous candle?
Market Energy rose 12.7 percentage points from the previous candle — from 22.3% to 35%. This rise is larger than 62% of past rises on the 1H timeframe for GBPJPY.
Do GBPJPY price and energy agree?
Yes. Both price and energy moved up 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 1H candle?
The previous 1H candle had GBPJPY at 22.3%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPJPY energy sit within the Bull Bias zone?
At 35%, GBPJPY is 25 points from the upper boundary of Bull Bias (60%) and 14.12 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 Neutral with energy 13.1%; GER40 (European equities) in Bear Critical with energy -62.3%. Against this backdrop, GBPJPY (Bull Bias, 35%) 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 Extreme with Market Energy 82%. 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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