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Trend of Neutral EURGBP Weekly
▸When EURGBP is in Neutral:
- then EURGBP moved to higher Market State: 39 times — 42.9%
- then EURGBP moved to lower Market State: 52 times — 57.1%
▸Current EURGBP market energy: -12.8%
- Distance to upper bound of Neutral (at 20.88%): 33.68%
- Distance to lower bound of Neutral (at -20.88%): 8.08%
"Does history really repeat itself?" — 2AITRADING
EURGBP recorded in the neutral energy state as the Weekly candle ended.
Looking at the energy level, Market Energy dropped -21.8% this candle, currently -12.8% (previous candle 9%).
Time in Neutral energy zone: 20 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 state was EURGBP on Weekly when this candle closed?
When the Weekly candle at 07:00 on 24-04-2023 closed, EURGBP was in Neutral with Market Energy -12.8%, 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 21.8 percentage points from the previous candle — from 9% to -12.8%.
What state was EURGBP in on the previous Weekly candle?
The previous Weekly candle had EURGBP at 9%, Neutral — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Neutral zone?
At -12.8%, EURGBP is 33.68 points from the upper boundary of Neutral (20.88%) and 8.08 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 Neutral with energy -9%; GER40 (European equities) in Bull Critical with energy 65.2%. Against this backdrop, EURGBP (Neutral, -12.8%) lower 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 Bias with Market Energy -22.7%. EURGBP energy is currently above DXY by 9.9 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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