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Trend of Bull Bias GBPUSD Daily
▸When GBPUSD is in Bull Bias:
- then GBPUSD moved to higher Market State: 101 times — 30.7%
- then GBPUSD moved to lower Market State: 228 times — 69.3%
▸Current GBPUSD market energy: 28.47%
- Distance to upper bound of Bull Bias (at 60%): 31.53%
- Distance to lower bound of Bull Bias (at 20.88%): 7.59%
"To truly understand anything, study its history" — 2AITRADING
The energy zone leaning Bull is the result just recorded for GBPUSD after the Daily candle closed.
End-of-session update for Daily, Market Energy rose +14% from the previous session, from 14.4% to 28.5%.
Time in Bull 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 +8.8 to +28.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPUSD on Daily when this candle closed?
When the Daily candle at 07:00 on 08-04-2024 closed, GBPUSD was in Bull Bias with Market Energy 28.5%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did GBPUSD Market Energy change from the previous candle?
Market Energy rose 16 percentage points from the previous candle — from 12.5% to 28.5%.
What state was GBPUSD in on the previous Daily candle?
The previous Daily candle had GBPUSD at 12.5%, Neutral — when this candle closed, GBPUSD moved up to a higher zone: Neutral → Bull Bias.
Where does GBPUSD energy sit within the Bull Bias zone?
At 28.5%, GBPUSD is 31.53 points from the upper boundary of Bull Bias (60%) and 7.59 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 Critical with energy 62%; GER40 (European equities) in Bull Bias with energy 57.4%. Against this backdrop, GBPUSD (Bull Bias, 28.5%) lower than SPX500; sits in the same state zone as 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 Neutral with Market Energy 13.7%. GBPUSD energy is currently above DXY by 14.8 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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