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| Price | ▼ 0.03% | ▼ 0.01% | ▼ 0.00% | ▼ 0.14% |
| Energy | ▼ 9.3 | ▼ 6.9 | ▼ 32.2 | ▼ 29.2 |
Trend of Neutral GBPAUD Daily
▸When GBPAUD is in Neutral:
- then GBPAUD moved to higher Market State: 223 times — 49.8%
- then GBPAUD moved to lower Market State: 225 times — 50.2%
▸Current GBPAUD market energy: 5.96%
- Distance to upper bound of Neutral (at 20.88%): 14.92%
- Distance to lower bound of Neutral (at -20.88%): 26.84%
"History always repeats itself, one way or another" — 2AITRADING
GBPAUD classified into the balanced energy zone after the Daily candle completed.
Market energy movement Market Energy dropped -29.2% from the previous session, from 35.2% to 6%.
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 +6 to +83.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPAUD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 01-08-2024 closed, GBPAUD was at 1.9601, down 0.14% from the previous candle (1.9628). Market Energy was 6%, down 29.2 points from 35.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did GBPAUD price move on this Daily candle, and how large is that historically?
GBPAUD closed at 1.9601, down 0.14% from the previous Daily candle (1.9628). This drop is larger than 35% of past drops on the Daily timeframe for GBPAUD, across 1,743 candles since 2019.
How did GBPAUD Market Energy change from the previous candle?
Market Energy fell 29.2 percentage points from the previous candle — from 35.2% to 6%. This drop is larger than 88% of past drops on the Daily timeframe for GBPAUD.
Do GBPAUD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was GBPAUD in on the previous Daily candle?
The previous Daily candle had GBPAUD at 35.2%, 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 6%, GBPAUD is 14.92 points from the upper boundary of Neutral (20.88%) and 26.84 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 57.8%; GER40 (European equities) in Neutral with energy -16.8%. Against this backdrop, GBPAUD (Neutral, 6%) 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 Critical with Market Energy -69%. GBPAUD energy is currently above DXY by 75 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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