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| Price | ▼ 0.02% | ▼ 0.22% | ▲ 0.01% | ▼ 0.24% |
| Energy | ▼ 1.2 | ▼ 10.5 | ▼ 6.8 | ▼ 101.7 |
Trend of Bear Bias GBPJPY 1H
▸When GBPJPY is in Bear Bias:
- then GBPJPY moved to higher Market State: 3,429 times — 62.6%
- then GBPJPY moved to lower Market State: 2,046 times — 37.4%
▸Current GBPJPY market energy: -22.97%
- Distance to upper bound of Bear Bias (at -20.88%): 2.09%
- Distance to lower bound of Bear Bias (at -60%): 37.03%
"To truly understand anything, study its history" — 2AITRADING
Right as the 1H candle closes, GBPJPY classified as the Bear Bias level.
The energy side shows Market Energy dropped -101.7% from the previous session, from 78.8% to -23%.
Time in Bear Bias energy zone: 1 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 -69.6 to +97.2.
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 07:00 on 18-09-2024 closed, GBPJPY was at 186.54, down 0.24% from the previous candle (186.985). Market Energy was -23%, down 101.7 points from 78.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPJPY price move on this 1H candle, and how large is that historically?
GBPJPY closed at 186.54, down 0.24% from the previous 1H candle (186.985). This drop is larger than 93% of past drops on the 1H timeframe for GBPJPY, across 35,630 candles since 2019.
How did GBPJPY Market Energy change from the previous candle?
Market Energy fell 101.7 percentage points from the previous candle — from 78.8% to -23%. This drop is larger than 99% 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 78.8%, Bull Extreme — when this candle closed, GBPJPY moved down to a lower zone: Bull Extreme → Bear Bias.
Where does GBPJPY energy sit within the Bear Bias zone?
At -23%, GBPJPY is 2.09 points from the upper boundary of Bear Bias (-20.88%) and 37.03 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 -31.5%; GER40 (European equities) in Neutral with energy -9.8%. Against this backdrop, GBPJPY (Bear Bias, -23%) 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 Bull Bias with Market Energy 48.9%. GBPJPY (Bear Bias) and DXY currently sit on opposite sides.
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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