Analysis

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Candle close
Price and energy
GBPNZD from 1.9369 to 1.9399, up 0.15%
Market Energy Neutral 20.0% to Bull Bias 48.0%, up 28.0 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.01%▼ 0.03%▲ 0.01%▲ 0.15%
Energy▲ 6.9▼ 13.9▼ 8.1▲ 28.0
Volatility trend chart · last 4 sessions
▲ 0.01%▼ 0.03%▲ 0.01%▲ 0.15%▲ 6.9▼ 13.9▼ 8.1▲ 28.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.15% — higher than 86% of past rises
0%255075100%
Energy up 28.0 pts — higher than 88% of past rises
RESEARCH

Trend of Bull Bias GBPNZD 1H

Sample: 58,028 1H candles from 2017-05-01 to 2026-10-09
Number of Bull Bias occurrences: 4,457 times

▸When GBPNZD is in Bull Bias:

  • then GBPNZD moved to higher Market State: 1,225 times — 27.5%
  • then GBPNZD moved to lower Market State: 3,232 times — 72.5%

▸Current GBPNZD market energy: 48.03%

  • Distance to upper bound of Bull Bias (at 60%): 11.97%
  • Distance to lower bound of Bull Bias (at 20.88%): 27.15%

"Why does archaeology matter?" — 2AITRADING

GBPNZD · H1 · 2022-08-02 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
20.0%
Neutral
48.0%
Bull Bias
71.5%
Bull Critical
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, Market Energy of GBPNZD indicates the Bull Bias level.

On the energy side, Market trend energy recorded a +28% rise from the previous candle, from 20% to 48%.

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, GBPNZD Market Energy ranged from -64.3 to +54.3.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did GBPNZD price and energy show when this 1H candle closed?

When the 1H candle at 11:00 on 02-08-2022 closed, GBPNZD was at 1.9399, up 0.15% from the previous candle (1.9369). Market Energy was 48%, up 28.0 points from 20%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did GBPNZD price move on this 1H candle, and how large is that historically?

GBPNZD closed at 1.9399, up 0.15% from the previous 1H candle (1.9369). This rise is larger than 86% of past rises on the 1H timeframe for GBPNZD, across 22,348 candles since 2019.

How did GBPNZD Market Energy change from the previous candle?

Market Energy rose 28 percentage points from the previous candle — from 20% to 48%. This rise is larger than 88% of past rises on the 1H timeframe for GBPNZD.

Do GBPNZD 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 GBPNZD in on the previous 1H candle?

The previous 1H candle had GBPNZD at 20%, Neutral — when this candle closed, GBPNZD moved up to a higher zone: Neutral → Bull Bias.

Where does GBPNZD energy sit within the Bull Bias zone?

At 48%, GBPNZD is 11.97 points from the upper boundary of Bull Bias (60%) and 27.15 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 Bear Bias with energy -30.7%; GER40 (European equities) in Bear Bias with energy -36.7%. Against this backdrop, GBPNZD (Bull Bias, 48%) 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 Bear Bias with Market Energy -46%. GBPNZD (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for GBPNZD.

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 GBPNZD on the GBPNZD overview →

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