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| Price | ▼ 0.69% | ▼ 0.01% | ▲ 0.17% | ▼ 0.19% |
| Energy | ▼ 30.0 | ▼ 2.1 | ▼ 4.8 | ▼ 11.1 |
Trend of Bull Bias GBPUSD Daily
▸When GBPUSD is in Bull Bias:
- then GBPUSD moved to higher Market State: 101 times — 30.6%
- then GBPUSD moved to lower Market State: 229 times — 69.4%
▸Current GBPUSD market energy: 21.13%
- Distance to upper bound of Bull Bias (at 60%): 38.87%
- Distance to lower bound of Bull Bias (at 20.88%): 0.25%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
After the Daily candle closes, GBPUSD in energy leaning Bull.
On the energy side, Compared to the previous candle (32.2%), Market Energy dropped -11.1% to 21.1%.
Time in Bull Bias energy zone: 3 Daily 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, GBPUSD Market Energy ranged from +21.1 to +69.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 11-08-2020 closed, GBPUSD was at 1.3048, down 0.19% from the previous candle (1.3073). Market Energy was 21.1%, down 11.1 points from 32.2%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did GBPUSD price move on this Daily candle, and how large is that historically?
GBPUSD closed at 1.3048, down 0.19% from the previous Daily candle (1.3073). This drop is larger than 41% of past drops on the Daily timeframe for GBPUSD, across 505 candles since 2019.
How did GBPUSD Market Energy change from the previous candle?
Market Energy fell 11.1 percentage points from the previous candle — from 32.2% to 21.1%. This drop is larger than 51% of past drops on the Daily timeframe for GBPUSD.
Do GBPUSD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was GBPUSD in on the previous Daily candle?
The previous Daily candle had GBPUSD at 32.2%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPUSD energy sit within the Bull Bias zone?
At 21.1%, GBPUSD is 38.87 points from the upper boundary of Bull Bias (60%) and 0.25 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 38.2%; GER40 (European equities) in Bull Critical with energy 61.6%. Against this backdrop, GBPUSD (Bull Bias, 21.1%) 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 Neutral with Market Energy 19.1%. GBPUSD energy is currently above DXY by 2.1 points.
See the real-time energy chart for GBPUSD.
Open Energy ChartSee the full 2AiTrading Model data for GBPUSD on the GBPUSD overview →
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