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| Price | ▲ 0.02% | ▲ 0.01% | ▲ 0.00% | ▼ 0.25% |
| Energy | ▲ 16.3 | ▲ 2.8 | ▼ 1.2 | ▼ 90.2 |
Trend of Bear Bias GBPUSD 1H
▸When GBPUSD is in Bear Bias:
- then GBPUSD moved to higher Market State: 3,775 times — 70.1%
- then GBPUSD moved to lower Market State: 1,612 times — 29.9%
▸Current GBPUSD market energy: -47.3%
- Distance to upper bound of Bear Bias (at -20.88%): 26.42%
- Distance to lower bound of Bear Bias (at -60%): 12.7%
"A person's history reveals more than you might think" — 2AITRADING
Following the completion of the 1H candle, GBPUSD classified as the Bear Bias zone.
End-of-session energy readings on 1H, A -90.2% change from the previous candle, Market Energy is now -47.3% (previous: 42.9%).
Time in Bear Bias 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, GBPUSD Market Energy ranged from -77.2 to +57.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPUSD price and energy show when this 1H candle closed?
When the 1H candle at 14:00 on 23-08-2023 closed, GBPUSD was at 1.272, down 0.25% from the previous candle (1.2752). Market Energy was -47.3%, down 90.2 points from 42.9%, 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 1H candle, and how large is that historically?
GBPUSD closed at 1.272, down 0.25% from the previous 1H candle (1.2752). This drop is larger than 95% of past drops on the 1H timeframe for GBPUSD, across 28,995 candles since 2019.
How did GBPUSD Market Energy change from the previous candle?
Market Energy fell 90.2 percentage points from the previous candle — from 42.9% to -47.3%. This is the largest of all drops on the 1H timeframe for GBPUSD on record since 2019.
Do GBPUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was GBPUSD in on the previous 1H candle?
The previous 1H candle had GBPUSD at 42.9%, Bull Bias — when this candle closed, GBPUSD moved down to a lower zone: Bull Bias → Bear Bias.
Where does GBPUSD energy sit within the Bear Bias zone?
At -47.3%, GBPUSD is 26.42 points from the upper boundary of Bear Bias (-20.88%) and 12.7 points from the lower boundary (-60%) — so energy sits closer to the lower 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 32.8%; GER40 (European equities) in Bear Bias with energy -39%. Against this backdrop, GBPUSD (Bear Bias, -47.3%) 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 Bull Extreme with Market Energy 81.9%. GBPUSD (Bear Bias) and DXY currently sit on opposite sides.
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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