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Trend of Neutral GBPCAD Weekly
▸When GBPCAD is in Neutral:
- then GBPCAD moved to higher Market State: 47 times — 56.6%
- then GBPCAD moved to lower Market State: 36 times — 43.4%
▸Current GBPCAD market energy: 1.18%
- Distance to upper bound of Neutral (at 20.88%): 19.7%
- Distance to lower bound of Neutral (at -20.88%): 22.06%
"Let data guide you, but never trust it completely" — 2AITRADING
With the Weekly candle just closed, GBPCAD currently in the zone between Bull and Bear energy.
Looking at the Market Energy reading, Market Energy moved from -14.4% to 1.2%, up +15.6% from the previous candle.
Time in Neutral energy zone: 2 Weekly 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 -14.4 to +1.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPCAD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 04-06-2018 closed, GBPCAD was in Neutral with Market Energy 1.2%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did GBPCAD Market Energy change from the previous candle?
Market Energy rose 15.6 percentage points from the previous candle — from -14.4% to 1.2%.
What state was GBPCAD in on the previous Weekly candle?
The previous Weekly candle had GBPCAD at -14.4%, Neutral — this candle kept the same state, no zone change.
Where does GBPCAD energy sit within the Neutral zone?
At 1.2%, GBPCAD is 19.7 points from the upper boundary of Neutral (20.88%) and 22.06 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 Extreme with energy 88.2%; GER40 (European equities) in Neutral with energy -3.1%. Against this backdrop, GBPCAD (Neutral, 1.2%) 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 Bull Bias with Market Energy 29.6%. GBPCAD energy is currently below DXY by 28.4 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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