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GBPCAD is currently leaning slightly toward buyers, energy +6.1%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.
See the full 2AiTrading Model data for GBPCAD on the GBPCAD overview →
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UP–DOWN statistics for 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: 6.06%
- Distance to upper bound of Neutral (at 20.88%): 14.82%
- Distance to lower bound of Neutral (at -20.88%): 26.94%
"To truly understand anything, study its history" — 2AITRADING
GBPCAD classified into balanced energy after the Weekly candle completed.
Observing the GBPCAD market this session, Market Energy dropped -22% from the previous session, from 28.1% to 6.1%.
Time in Neutral energy zone: 1 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.
Not enough data in the past 5 days to show a range.
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What state was GBPCAD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 08-03-2021 closed, GBPCAD was in Neutral with Market Energy 6.1%, 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 fell 22 percentage points from the previous candle — from 28.1% to 6.1%.
What state was GBPCAD in on the previous Weekly candle?
The previous Weekly candle had GBPCAD at 28.1%, 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 6.1%, GBPCAD is 14.82 points from the upper boundary of Neutral (20.88%) and 26.94 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 80.2%; GER40 (European equities) in Bull Bias with energy 52%. Against this backdrop, GBPCAD (Neutral, 6.1%) lower 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 Neutral with Market Energy 20.5%. GBPCAD energy is currently below DXY by 14.4 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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