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Trend of Bull Bias GBPUSD 4H
▸When GBPUSD is in Bull Bias:
- then GBPUSD moved to higher Market State: 446 times — 31.7%
- then GBPUSD moved to lower Market State: 962 times — 68.3%
▸Current GBPUSD market energy: 26.48%
- Distance to upper bound of Bull Bias (at 60%): 33.52%
- Distance to lower bound of Bull Bias (at 20.88%): 5.6%
"A person's history reveals more than you might think" — 2AITRADING
As the 4H candle closes, GBPUSD reflects Bull Bias.
Looking at the Market Energy reading, Market Energy reading rose +5.2%, moving from 21.3% to 26.5% after the 4H candle.
Time in Bull Bias energy zone: 2 4H 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 -58.7 to +26.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPUSD on 4H when this candle closed?
When the 4H candle at 04:00 on 01-08-2024 closed, GBPUSD was in Bull Bias with Market Energy 26.5%, 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 5.2 percentage points from the previous candle — from 21.3% to 26.5%.
What state was GBPUSD in on the previous 4H candle?
The previous 4H candle had GBPUSD at 21.3%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPUSD energy sit within the Bull Bias zone?
At 26.5%, GBPUSD is 33.52 points from the upper boundary of Bull Bias (60%) and 5.6 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 50.7%; GER40 (European equities) in Neutral with energy -17.2%. Against this backdrop, GBPUSD (Bull Bias, 26.5%) has higher energy 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 Bear Critical with Market Energy -67.5%. GBPUSD (Bull 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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