Analysis

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Candle close
Price and energy
GBPJPY from 187.518 to 187.524, up 0.00%
Market Energy Bull Bias 37.5% to Bull Bias 51.7%, up 14.1 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.03%▼ 0.08%▲ 0.09%▲ 0.00%
Energy▲ 14.8▼ 12.3▲ 11.8▲ 14.1
Volatility trend chart · last 4 sessions
▲ 0.03%▼ 0.08%▲ 0.09%▲ 0.00%▲ 14.8▼ 12.3▲ 11.8▲ 14.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.00% — higher than 3% of past rises
0%255075100%
Energy up 14.1 pts — higher than 65% of past rises
RESEARCH

Trend of Bull Bias GBPJPY 1H

Sample: 72,999 1H candles from 2015-01-01 to 2026-09-24
Number of Bull Bias occurrences: 5,882 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: 3,448 times — 58.6%

▸Current GBPJPY market energy: 51.66%

  • Distance to upper bound of Bull Bias (at 60%): 8.34%
  • Distance to lower bound of Bull Bias (at 20.88%): 30.78%

"To truly understand anything, study its history" — 2AITRADING

GBPJPY · H1 · 2024-08-12 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
37.5%
Bull Bias
51.7%
Bull Bias
80.3%
Bull Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The energy zone leaning Bull determined for GBPJPY through the 1H candle data.

Observing the GBPJPY market this session, Energy delta +14.1%: Market Energy at 51.7%, previously 37.5%.

Time in Bull Bias energy zone: 5 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 -76.4 to +97.1.

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 12-08-2024 closed, GBPJPY was at 187.524, up <0.01% from the previous candle (187.518). Market Energy was 51.7%, up 14.1 points from 37.5%, 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 187.524, up <0.01% from the previous 1H candle (187.518). This rise is larger than 3% of past rises on the 1H timeframe for GBPJPY, across 34,984 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy rose 14.1 percentage points from the previous candle — from 37.5% to 51.7%. This rise is larger than 65% 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 37.5%, Bull Bias — this candle kept the same state, no zone change.

Where does GBPJPY energy sit within the Bull Bias zone?

At 51.7%, GBPJPY is 8.34 points from the upper boundary of Bull Bias (60%) and 30.78 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 Bull Bias with energy 30.4%; GER40 (European equities) in Bull Extreme with energy 76.4%. Against this backdrop, GBPJPY (Bull Bias, 51.7%) lower than GER40; sits in the same state zone as SPX500.

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 Bias with Market Energy -21.4%. GBPJPY (Bull Bias) and DXY currently sit on opposite sides.

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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