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Trend of Neutral GBPAUD Daily
▸When GBPAUD is in Neutral:
- then GBPAUD moved to higher Market State: 222 times — 49.7%
- then GBPAUD moved to lower Market State: 225 times — 50.3%
▸Current GBPAUD market energy: 14.54%
- Distance to upper bound of Neutral (at 20.88%): 6.34%
- Distance to lower bound of Neutral (at -20.88%): 35.42%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded GBPAUD in balanced trend energy after the Daily candle closed.
Market trend on the 2AiTrading energy system Market Energy dropped -22.9% from the previous session, from 37.5% to 14.5%.
Time in Neutral energy zone: 1 Daily 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, GBPAUD Market Energy ranged from +14.5 to +68.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPAUD on Daily when this candle closed?
When the Daily candle at 07:00 on 31-05-2024 closed, GBPAUD was in Neutral with Market Energy 14.5%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did GBPAUD Market Energy change from the previous candle?
Market Energy fell 22.9 percentage points from the previous candle — from 37.5% to 14.5%.
What state was GBPAUD in on the previous Daily candle?
The previous Daily candle had GBPAUD at 37.5%, Bull Bias — when this candle closed, GBPAUD moved down to a lower zone: Bull Bias → Neutral.
Where does GBPAUD energy sit within the Neutral zone?
At 14.5%, GBPAUD is 6.34 points from the upper boundary of Neutral (20.88%) and 35.42 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 Bear Bias with energy -58.1%; GER40 (European equities) in Neutral with energy 7.5%. Against this backdrop, GBPAUD (Neutral, 14.5%) 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 Bear Bias with Market Energy -52.5%. GBPAUD energy is currently above DXY by 67 points.
See the real-time energy chart for GBPAUD.
Open Energy ChartSee the full 2AiTrading Model data for GBPAUD on the GBPAUD overview →
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