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| Price | ▲ 0.21% | ▲ 0.08% | ▼ 0.21% | ▲ 0.08% |
| Energy | ▲ 40.8 | ▲ 31.4 | ▼ 3.7 | ▼ 2.7 |
Trend of Neutral GBPJPY Daily
▸When GBPJPY is in Neutral:
- then GBPJPY moved to higher Market State: 317 times — 54.4%
- then GBPJPY moved to lower Market State: 266 times — 45.6%
▸Current GBPJPY market energy: 10.26%
- Distance to upper bound of Neutral (at 20.88%): 10.62%
- Distance to lower bound of Neutral (at -20.88%): 31.14%
"History always repeats itself, one way or another" — 2AITRADING
Reading from the Daily candle, GBPJPY noted at the Neutral state.
On the energy side, Compared to the previous candle (12.9%), Market Energy dropped -2.7% to 10.3%.
Time in Neutral energy zone: 4 Daily 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, GBPJPY Market Energy ranged from -14.7 to +16.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 16-10-2017 closed, GBPJPY was at 148.6965, up 0.08% from the previous candle (148.581). Market Energy was 10.3%, down 2.7 points from 12.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did GBPJPY price move on this Daily candle, and how large is that historically?
GBPJPY closed at 148.6965, up 0.08% from the previous Daily candle (148.581).
How did GBPJPY Market Energy change from the previous candle?
Market Energy fell 2.7 percentage points from the previous candle — from 12.9% to 10.3%.
Do GBPJPY price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.
What state was GBPJPY in on the previous Daily candle?
The previous Daily candle had GBPJPY at 12.9%, Neutral — this candle kept the same state, no zone change.
Where does GBPJPY energy sit within the Neutral zone?
At 10.3%, GBPJPY is 10.62 points from the upper boundary of Neutral (20.88%) and 31.14 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 Bias with energy 58.3%; GER40 (European equities) in Neutral with energy 4.7%. Against this backdrop, GBPJPY (Neutral, 10.3%) 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 Bear Bias with Market Energy -44.6%. GBPJPY energy is currently above DXY by 54.8 points.
See the real-time energy chart for GBPJPY.
Open Energy ChartSee the full 2AiTrading Model data for GBPJPY on the GBPJPY overview →
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