·
| Price | ▲ 0.03% | ▲ 0.02% | ▼ 0.06% | ▼ 0.05% |
| Energy | ▲ 4.9 | ▼ 1.9 | ▼ 23.1 | ▼ 27.5 |
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: 1.56%
- Distance to upper bound of Neutral (at 20.88%): 19.32%
- Distance to lower bound of Neutral (at -20.88%): 22.44%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Right as the 1H candle closes, GBPCAD in the Neutral level.
Market trend on the 2AiTrading energy system Market trend energy recorded a -27.5% drop from the previous candle, from 29.1% to 1.6%.
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 -70.1 to +71.9.
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 09:00 on 18-06-2020 closed, GBPCAD was at 1.7028, down 0.05% from the previous candle (1.7036). Market Energy was 1.6%, down 27.5 points from 29.1%, 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 1.7028, down 0.05% from the previous 1H candle (1.7036). This drop is larger than 46% of past drops on the 1H timeframe for GBPCAD, across 9,120 candles since 2019.
How did GBPCAD Market Energy change from the previous candle?
Market Energy fell 27.5 percentage points from the previous candle — from 29.1% to 1.6%. This drop is larger than 88% of past drops on the 1H timeframe for GBPCAD.
Do GBPCAD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 29.1%, 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 1.6%, GBPCAD is 19.32 points from the upper boundary of Neutral (20.88%) and 22.44 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 -76.1%; GER40 (European equities) in Bear Extreme with energy -81.1%. Against this backdrop, GBPCAD (Neutral, 1.6%) 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 Bias with Market Energy 21.4%. GBPCAD energy is currently below DXY by 19.8 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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