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Trend of Neutral GBPCAD Daily
▸When GBPCAD is in Neutral:
- then GBPCAD moved to higher Market State: 247 times — 51.4%
- then GBPCAD moved to lower Market State: 234 times — 48.6%
▸Current GBPCAD market energy: 7.29%
- Distance to upper bound of Neutral (at 20.88%): 13.59%
- Distance to lower bound of Neutral (at -20.88%): 28.17%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
As the Daily candle closes, Market Energy of GBPCAD indicates the Neutral level.
Market energy measurement Market Energy dropped -33.7% from the previous candle, from 41% to 7.3%.
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, GBPCAD Market Energy ranged from +7.3 to +43.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPCAD on Daily when this candle closed?
When the Daily candle at 07:00 on 18-04-2022 closed, GBPCAD was in Neutral with Market Energy 7.3%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 33.7 percentage points from the previous candle — from 41% to 7.3%.
What state was GBPCAD in on the previous Daily candle?
The previous Daily candle had GBPCAD at 41%, Bull Bias — when this candle closed, GBPCAD moved down to a lower zone: Bull Bias → Neutral.
Where does GBPCAD energy sit within the Neutral zone?
At 7.3%, GBPCAD is 13.59 points from the upper boundary of Neutral (20.88%) and 28.17 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 Extreme with energy -98.5%; GER40 (European equities) in Bear Bias with energy -59.7%. Against this backdrop, GBPCAD (Neutral, 7.3%) has higher energy 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 Bull Critical with Market Energy 71.1%. GBPCAD energy is currently below DXY by 63.8 points.
See the real-time energy chart for GBPCAD.
Open Energy ChartSee the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →
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