·
| Price | ▲ 0.11% | ▲ 0.11% | ▲ 0.13% | ▼ 0.04% |
| Energy | ▲ 12.3 | ▲ 25.6 | ▲ 7.9 | ▼ 9.9 |
Trend of Bull Critical GBPJPY 1H
▸When GBPJPY is in Bull Critical:
- then GBPJPY moved to higher Market State: 1,188 times — 32.1%
- then GBPJPY moved to lower Market State: 2,517 times — 67.9%
▸Current GBPJPY market energy: 72.91%
- Distance to upper bound of Bull Critical (at 74.5%): 1.59%
- Distance to lower bound of Bull Critical (at 60%): 12.91%
"To truly understand anything, study its history" — 2AITRADING
Observing the completed 1H candle, Market GBPJPY in the near-extreme Bull energy zone.
End-of-session update for 1H, Market trend energy recorded a -9.9% drop from the previous candle, from 82.8% to 72.9%.
Time in Bull Critical 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 -96.8 to +99.7.
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 17:00 on 01-11-2024 closed, GBPJPY was at 197.152, down 0.04% from the previous candle (197.231). Market Energy was 72.9%, down 9.9 points from 82.8%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did GBPJPY price move on this 1H candle, and how large is that historically?
GBPJPY closed at 197.152, down 0.04% from the previous 1H candle (197.231). This drop is larger than 39% of past drops on the 1H timeframe for GBPJPY, across 36,408 candles since 2019.
How did GBPJPY Market Energy change from the previous candle?
Market Energy fell 9.9 percentage points from the previous candle — from 82.8% to 72.9%. This drop is larger than 55% 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 82.8%, Bull Extreme — when this candle closed, GBPJPY moved down to a lower zone: Bull Extreme → Bull Critical.
Where does GBPJPY energy sit within the Bull Critical zone?
At 72.9%, GBPJPY is 1.59 points from the upper boundary of Bull Critical (74.5%) and 12.91 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Critical with energy 65.6%; GER40 (European equities) in Bull Extreme with energy 96.2%. Against this backdrop, GBPJPY (Bull Critical, 72.9%) 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 45.3%. GBPJPY (Bull Critical) 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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