Analysis

·

Candle close
Price and energy
GBPCAD from 1.6836 to 1.6834, down 0.01%
Market Energy Neutral 13.7% to Neutral 14.4%, up 0.7 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.11%▲ 0.21%▲ 0.05%▼ 0.01%
Energy▲ 5.0▲ 32.1▲ 18.4▲ 0.7
Volatility trend chart · last 4 sessions
▼ 0.11%▲ 0.21%▲ 0.05%▼ 0.01%▲ 5.0▲ 32.1▲ 18.4▲ 0.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.01% — higher than 14% of past drops
0%255075100%
Energy up 0.7 pts — higher than 6% of past rises
RESEARCH

Trend of Neutral GBPCAD 1H

Sample: 58,401 1H candles from 2017-05-01 to 2026-10-08
Number of Neutral occurrences: 5,984 times

▸When GBPCAD is in Neutral:

  • then GBPCAD moved to higher Market State: 2,994 times — 50%
  • then GBPCAD moved to lower Market State: 2,990 times — 50%

▸Current GBPCAD market energy: 14.42%

  • Distance to upper bound of Neutral (at 20.88%): 6.46%
  • Distance to lower bound of Neutral (at -20.88%): 35.3%

"Does history really repeat itself?" — 2AITRADING

GBPCAD · H1 · 2023-03-23 17:00 UTC
Preview the last 30 candles — price and energy
View live GBPCAD chart →
Market Energy
13.7%
Neutral
14.4%
Neutral
22.2%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

GBPCAD classified into the balanced Market Energy state after the 1H candle completed.

The energy side shows Market Energy at 14.4%, up +0.7% from 13.7% in the previous candle.

Time in Neutral energy zone: 3 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 -84.7 to +85.1.

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 00:00 on 24-03-2023 closed, GBPCAD was at 1.6834, down 0.01% from the previous candle (1.6836). Market Energy was 14.4%, up 0.7 points from 13.7%, 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 1.6834, down 0.01% from the previous 1H candle (1.6836). This drop is larger than 14% of past drops on the 1H timeframe for GBPCAD, across 26,363 candles since 2019.

How did GBPCAD Market Energy change from the previous candle?

Market Energy rose 0.7 percentage points from the previous candle — from 13.7% to 14.4%. This rise is larger than 6% of past rises on the 1H timeframe for GBPCAD.

Do GBPCAD price and energy agree?

No. Price moved down while energy moved up on this candle. 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 13.7%, Neutral — this candle kept the same state, no zone change.

Where does GBPCAD energy sit within the Neutral zone?

At 14.4%, GBPCAD is 6.46 points from the upper boundary of Neutral (20.88%) and 35.3 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 Bias with energy -35.3%; GER40 (European equities) in Bear Critical with energy -71.9%. Against this backdrop, GBPCAD (Neutral, 14.4%) 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 26.2%. GBPCAD energy is currently below DXY by 11.7 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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