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| Price | ▼ 0.66% | ▲ 1.63% | ▲ 0.04% | ▼ 1.23% |
| Energy | ▼ 19.9 | ▲ 13.6 | ▲ 10.0 | ▼ 25.8 |
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: 10.36%
- Distance to upper bound of Neutral (at 20.88%): 10.52%
- Distance to lower bound of Neutral (at -20.88%): 31.24%
"History always repeats itself, one way or another" — 2AITRADING
As the Weekly candle completes, EURGBP currently in the Bull/Bear balanced state.
Market energy movement Market Energy at 10.4%, down -25.8% from 36.1% in the previous candle.
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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURGBP price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 27-07-2020 closed, EURGBP was at 0.89939, down 1.23% from the previous candle (0.91057). Market Energy was 10.4%, down 25.8 points from 36.1%, 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 0.89939, down 1.23% from the previous Weekly candle (0.91057). This drop is larger than 86% of past drops on the Weekly timeframe for EURGBP, across 117 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 25.8 percentage points from the previous candle — from 36.1% to 10.4%. This drop is larger than 92% of past drops on the Weekly timeframe for EURGBP.
Do EURGBP price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was EURGBP in on the previous Weekly candle?
The previous Weekly candle had EURGBP at 36.1%, 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 10.4%, EURGBP is 10.52 points from the upper boundary of Neutral (20.88%) and 31.24 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 Bias with energy 32.2%; GER40 (European equities) in Neutral with energy -9.1%. Against this backdrop, EURGBP (Neutral, 10.4%) 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 Bear Extreme with Market Energy -91.4%. EURGBP energy is currently above DXY by 101.7 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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