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| Price | ▲ 0.05% | ▼ 0.07% | ▲ 0.07% | ▼ 0.00% |
| Energy | ▲ 1.3 | ▼ 9.4 | ▲ 5.2 | ▲ 5.0 |
Trend of Neutral GBPCAD 1H
▸When GBPCAD is in Neutral:
- then GBPCAD moved to higher Market State: 2,993 times — 50%
- then GBPCAD moved to lower Market State: 2,988 times — 50%
▸Current GBPCAD market energy: 3.99%
- Distance to upper bound of Neutral (at 20.88%): 16.89%
- Distance to lower bound of Neutral (at -20.88%): 24.87%
"Does history really repeat itself?" — 2AITRADING
With the 1H candle just closed, GBPCAD shows the balanced energy state.
Looking at the Market Energy reading, Market Energy rose +5% from the previous candle, from -1% to 4%.
Time in Neutral energy zone: 9 1H 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 -85.4 to +76.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPCAD price and energy show when this 1H candle closed?
When the 1H candle at 03:00 on 29-10-2019 closed, GBPCAD was at 1.6793, down <0.01% from the previous candle (1.6794). Market Energy was 4%, up 5.0 points from -1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did GBPCAD price move on this 1H candle, and how large is that historically?
GBPCAD closed at 1.6793, down <0.01% from the previous 1H candle (1.6794). This drop is larger than 4% of past drops on the 1H timeframe for GBPCAD, across 5,147 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy rose 5 percentage points from the previous candle — from -1% to 4%. This rise is larger than 35% of past rises on the 1H timeframe for GBPCAD.
Do GBPCAD price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.
What state was GBPCAD in on the previous 1H candle?
The previous 1H candle had GBPCAD at -1%, Neutral — this candle kept the same state, no zone change.
Where does GBPCAD energy sit within the Neutral zone?
At 4%, GBPCAD is 16.89 points from the upper boundary of Neutral (20.88%) and 24.87 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 27.6%; GER40 (European equities) in Neutral with energy 16.3%. Against this backdrop, GBPCAD (Neutral, 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 Neutral with Market Energy 0.3%. GBPCAD energy is currently above DXY by 3.7 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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