Analysis

·

Candle close
Price and energy
GBPJPY from 193.022 to 192.983, down 0.02%
Market Energy Bull Critical 61.0% to Bull Bias 52.4%, down 8.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.21%▲ 0.00%▲ 0.09%▼ 0.02%
Energy▲ 5.9▼ 14.5▼ 7.1▼ 8.6
Volatility trend chart · last 4 sessions
▲ 0.21%▲ 0.00%▲ 0.09%▼ 0.02%▲ 5.9▼ 14.5▼ 7.1▼ 8.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.02% — higher than 22% of past drops
0%255075100%
Energy down 8.6 pts — higher than 50% of past drops
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: 52.37%

  • Distance to upper bound of Bull Bias (at 60%): 7.63%
  • Distance to lower bound of Bull Bias (at 20.88%): 31.49%

"Why does archaeology matter?" — 2AITRADING

GBPJPY · H1 · 2024-09-24 09:00 UTC
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Market Energy
61.0%
Bull Critical
52.4%
Bull Bias
-15.4%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the 1H candle closes, GBPJPY within Bull Bias.

Market movement after the 1H candle closes, Compared to the previous candle (61%), Market Energy dropped -8.6% to 52.4%.

Time in Bull Bias energy zone: 1 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 -99.3 to +100.

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 16:00 on 24-09-2024 closed, GBPJPY was at 192.983, down 0.02% from the previous candle (193.022). Market Energy was 52.4%, down 8.6 points from 61%, 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 192.983, down 0.02% from the previous 1H candle (193.022). This drop is larger than 22% of past drops on the 1H timeframe for GBPJPY, across 35,735 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy fell 8.6 percentage points from the previous candle — from 61% to 52.4%. This drop is larger than 50% 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 61%, Bull Critical — when this candle closed, GBPJPY moved down to a lower zone: Bull Critical → Bull Bias.

Where does GBPJPY energy sit within the Bull Bias zone?

At 52.4%, GBPJPY is 7.63 points from the upper boundary of Bull Bias (60%) and 31.49 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 Extreme with energy 82.8%; GER40 (European equities) in Bull Critical with energy 62.6%. Against this backdrop, GBPJPY (Bull Bias, 52.4%) lower 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 Bear Bias with Market Energy -55.9%. GBPJPY (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for GBPJPY.

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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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