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| Price | ▲ 0.04% | ▲ 0.15% | ▼ 0.10% | ▲ 0.00% |
| Energy | ▲ 8.4 | ▲ 44.2 | ▼ 25.7 | ▼ 15.3 |
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: 6.71%
- Distance to upper bound of Neutral (at 20.88%): 14.17%
- Distance to lower bound of Neutral (at -20.88%): 27.59%
"Why does archaeology matter?" — 2AITRADING
Reading from the 1H candle, GBPCAD in trend energy in a balanced state.
Market movement just recorded on the 1H timeframe, The energy level dropped -15.3%: from 22% now at 6.7%.
Time in Neutral energy zone: 1 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 -83.5 to +87.7.
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 15:00 on 09-06-2020 closed, GBPCAD was at 1.7035, up <0.01% from the previous candle (1.7034). Market Energy was 6.7%, down 15.3 points from 22%, 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 1.7035, up <0.01% from the previous 1H candle (1.7034). This rise is larger than 2% of past rises on the 1H timeframe for GBPCAD, across 8,958 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 15.3 percentage points from the previous candle — from 22% to 6.7%. This drop is larger than 71% of past drops on the 1H timeframe for GBPCAD.
Do GBPCAD price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. 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 22%, 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 6.7%, GBPCAD is 14.17 points from the upper boundary of Neutral (20.88%) and 27.59 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 -95.4%; GER40 (European equities) in Bear Extreme with energy -96.7%. Against this backdrop, GBPCAD (Neutral, 6.7%) 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 69.2%. GBPCAD energy is currently below DXY by 62.5 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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