Analysis

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Candle close
Price and energy
GBPCAD from 1.7346 to 1.7322, down 0.14%
Market Energy Bull Bias 50.1% to Neutral 9.5%, down 40.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.01%0.00%▲ 0.09%▼ 0.14%
Energy▲ 10.9▼ 2.0▲ 14.6▼ 40.6
Volatility trend chart · last 4 sessions
▲ 0.01%0.00%▲ 0.09%▼ 0.14%▲ 10.9▼ 2.0▲ 14.6▼ 40.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.14% — higher than 84% of past drops
0%255075100%
Energy down 40.6 pts — higher than 95% of past drops
RESEARCH

Trend of Neutral GBPCAD 1H

Sample: 58,378 1H candles from 2017-05-01 to 2026-10-07
Number of Neutral occurrences: 5,981 times

▸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: 9.46%

  • Distance to upper bound of Neutral (at 20.88%): 11.42%
  • Distance to lower bound of Neutral (at -20.88%): 30.34%

"Does history really repeat itself?" — 2AITRADING

GBPCAD · H1 · 2020-08-18 01:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
50.1%
Bull Bias
9.5%
Neutral
-8.0%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

The Neutral state recorded from just-completed 1H candle data for GBPCAD.

Per the 2AiTrading energy measurement system, Market Energy dropped -40.6% this candle, currently 9.5% (previous candle 50.1%).

Time in Neutral energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, GBPCAD Market Energy ranged from -68.6 to +93.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did GBPCAD price and energy show when this 1H candle closed?

When the 1H candle at 08:00 on 18-08-2020 closed, GBPCAD was at 1.7322, down 0.14% from the previous candle (1.7346). Market Energy was 9.5%, down 40.6 points from 50.1%, 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 1.7322, down 0.14% from the previous 1H candle (1.7346). This drop is larger than 84% of past drops on the 1H timeframe for GBPCAD, across 10,150 candles since 2019.

How did GBPCAD Market Energy change from the previous candle?

Market Energy fell 40.6 percentage points from the previous candle — from 50.1% to 9.5%. This drop is larger than 95% of past drops on the 1H timeframe for GBPCAD.

Do GBPCAD price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

What state was GBPCAD in on the previous 1H candle?

The previous 1H candle had GBPCAD at 50.1%, 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 9.5%, GBPCAD is 11.42 points from the upper boundary of Neutral (20.88%) and 30.34 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 Neutral with energy 20.4%; GER40 (European equities) in Neutral with energy 2.8%. Against this backdrop, GBPCAD (Neutral, 9.5%) sits in the same state zone as 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 Bear Critical with Market Energy -70.3%. GBPCAD energy is currently above DXY by 79.8 points.

Real-time Energy Chart

See the real-time energy chart for GBPCAD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →

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