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| Price | ▼ 0.04% | ▲ 0.51% | ▼ 0.55% | ▼ 0.63% |
| Energy | ▲ 7.4 | ▲ 8.8 | ▼ 21.1 | ▼ 46.5 |
Trend of Bear Bias GBPUSD Daily
▸When GBPUSD is in Bear Bias:
- then GBPUSD moved to higher Market State: 211 times — 67.2%
- then GBPUSD moved to lower Market State: 103 times — 32.8%
▸Current GBPUSD market energy: -27.19%
- Distance to upper bound of Bear Bias (at -20.88%): 6.31%
- Distance to lower bound of Bear Bias (at -60%): 32.81%
"To truly understand anything, study its history" — 2AITRADING
GBPUSD classified into the Market Energy zone leaning Bear after the Daily candle completed.
Market trend update: Market Energy reading dropped -46.5%, moving from 19.3% to -27.2% after the Daily candle.
Time in Bear Bias energy zone: 1 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 -27.2 to +40.4.
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 07-04-2021 closed, GBPUSD was at 1.3737, down 0.63% from the previous candle (1.3825). Market Energy was -27.2%, down 46.5 points from 19.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPUSD price move on this Daily candle, and how large is that historically?
GBPUSD closed at 1.3737, down 0.63% from the previous Daily candle (1.3825). This drop is larger than 83% of past drops on the Daily timeframe for GBPUSD, across 708 candles since 2019.
How did GBPUSD Market Energy change from the previous candle?
Market Energy fell 46.5 percentage points from the previous candle — from 19.3% to -27.2%. This drop is larger than 97% 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 19.3%, Neutral — when this candle closed, GBPUSD moved down to a lower zone: Neutral → Bear Bias.
Where does GBPUSD energy sit within the Bear Bias zone?
At -27.2%, GBPUSD is 6.31 points from the upper boundary of Bear Bias (-20.88%) and 32.81 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 Bull Bias with energy 34%; GER40 (European equities) in Neutral with energy -8.4%. Against this backdrop, GBPUSD (Bear Bias, -27.2%) 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 Extreme with Market Energy -88.7%. GBPUSD (Bear Bias) and DXY currently sit on the same Bear side.
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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