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Trend of Neutral EURGBP 1H
▸When EURGBP is in Neutral:
- then EURGBP moved to higher Market State: 2,878 times — 48.8%
- then EURGBP moved to lower Market State: 3,014 times — 51.2%
▸Current EURGBP market energy: -13.36%
- Distance to upper bound of Neutral (at 20.88%): 34.24%
- Distance to lower bound of Neutral (at -20.88%): 7.52%
"Why does archaeology matter?" — 2AITRADING
After the 1H candle closes, EURGBP reflects the Neutral energy zone.
The market energy reading Market trend energy recorded a -26.3% drop from the previous candle, from 12.9% to -13.4%.
Time in Neutral energy zone: 5 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, EURGBP Market Energy ranged from -66 to +84.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURGBP on 1H when this candle closed?
When the 1H candle at 18:00 on 06-06-2023 closed, EURGBP was in Neutral with Market Energy -13.4%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 26.3 percentage points from the previous candle — from 12.9% to -13.4%.
What state was EURGBP in on the previous 1H candle?
The previous 1H candle had EURGBP at 12.9%, Neutral — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Neutral zone?
At -13.4%, EURGBP is 34.24 points from the upper boundary of Neutral (20.88%) and 7.52 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Bear Bias with energy -31.5%; GER40 (European equities) in Neutral with energy 17.5%. Against this backdrop, EURGBP (Neutral, -13.4%) has higher energy 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 85.1%. EURGBP energy is currently below DXY by 98.5 points.
See the real-time energy chart for EURGBP.
Open Energy ChartSee the full 2AiTrading Model data for EURGBP on the EURGBP overview →
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