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| Price | ▲ 0.64% | ▲ 0.45% | ▼ 0.86% | ▼ 0.66% |
| Energy | ▲ 13.5 | ▲ 9.3 | ▼ 14.5 | ▼ 19.9 |
Trend of Neutral EURGBP Weekly
▸When EURGBP is in Neutral:
- then EURGBP moved to higher Market State: 39 times — 42.4%
- then EURGBP moved to lower Market State: 53 times — 57.6%
▸Current EURGBP market energy: 12.63%
- Distance to upper bound of Neutral (at 20.88%): 8.25%
- Distance to lower bound of Neutral (at -20.88%): 33.51%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
As the Weekly candle closes, EURGBP recorded in balanced trend energy.
The EURGBP market at session end, Market trend energy recorded a -19.9% drop from the previous candle, from 32.5% to 12.6%.
Time in Neutral energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
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What did EURGBP price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 06-07-2020 closed, EURGBP was at 0.89564, down 0.66% from the previous candle (0.90159). Market Energy was 12.6%, down 19.9 points from 32.5%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did EURGBP price move on this Weekly candle, and how large is that historically?
EURGBP closed at 0.89564, down 0.66% from the previous Weekly candle (0.90159). This drop is larger than 52% of past drops on the Weekly timeframe for EURGBP, across 114 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 19.9 percentage points from the previous candle — from 32.5% to 12.6%. This drop is larger than 75% of past drops on the Weekly timeframe for EURGBP.
Do EURGBP price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was EURGBP in on the previous Weekly candle?
The previous Weekly candle had EURGBP at 32.5%, Bull Bias — when this candle closed, EURGBP moved down to a lower zone: Bull Bias → Neutral.
Where does EURGBP energy sit within the Neutral zone?
At 12.6%, EURGBP is 8.25 points from the upper boundary of Neutral (20.88%) and 33.51 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 Bull Extreme with energy 98.9%; GER40 (European equities) in Bull Extreme with energy 99.9%. Against this backdrop, EURGBP (Neutral, 12.6%) 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 Bias with Market Energy -53.3%. EURGBP energy is currently above DXY by 66 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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