Analysis

·

Candle close
Price and energy
GBPJPY from 166.654 to 166.618, down 0.02%
Market Energy Bull Bias 23.8% to Neutral 14.7%, down 9.0 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.01%▲ 0.01%▼ 0.01%▼ 0.02%
Energy▲ 1.1▲ 0.6▼ 12.7▼ 9.0
Volatility trend chart · last 4 sessions
▼ 0.01%▲ 0.01%▼ 0.01%▼ 0.02%▲ 1.1▲ 0.6▼ 12.7▼ 9.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.02% — higher than 23% of past drops
0%255075100%
Energy down 9.0 pts — higher than 53% of past drops
RESEARCH

Trend of Neutral GBPJPY 1H

Sample: 73,040 1H candles from 2015-01-01 to 2026-09-25
Number of Neutral occurrences: 5,943 times

▸When GBPJPY is in Neutral:

  • then GBPJPY moved to higher Market State: 3,137 times — 52.8%
  • then GBPJPY moved to lower Market State: 2,806 times — 47.2%

▸Current GBPJPY market energy: 14.74%

  • Distance to upper bound of Neutral (at 20.88%): 6.14%
  • Distance to lower bound of Neutral (at -20.88%): 35.62%

"A person's history reveals more than you might think" — 2AITRADING

GBPJPY · H1 · 2022-09-12 15:00 UTC
Preview the last 30 candles — price and energy
View live GBPJPY chart →
Market Energy
23.8%
Bull Bias
14.7%
Neutral
4.5%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Observing the completed 1H candle, GBPJPY within neutral trend energy.

Meanwhile, Market Energy dropped -9% this candle, currently 14.7% (previous candle 23.8%).

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, GBPJPY Market Energy ranged from -87.7 to +96.2.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 22:00 on 12-09-2022 closed, GBPJPY was at 166.618, down 0.02% from the previous candle (166.654). Market Energy was 14.7%, down 9.0 points from 23.8%, 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 1H candle, and how large is that historically?

GBPJPY closed at 166.618, down 0.02% from the previous 1H candle (166.654). This drop is larger than 23% of past drops on the 1H timeframe for GBPJPY, across 23,046 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy fell 9 percentage points from the previous candle — from 23.8% to 14.7%. This drop is larger than 53% of past drops on the 1H timeframe for GBPJPY.

Do GBPJPY price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had GBPJPY at 23.8%, Bull Bias — when this candle closed, GBPJPY moved down to a lower zone: Bull Bias → Neutral.

Where does GBPJPY energy sit within the Neutral zone?

At 14.7%, GBPJPY is 6.14 points from the upper boundary of Neutral (20.88%) and 35.62 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 44.8%; GER40 (European equities) in Bull Critical with energy 61.7%. Against this backdrop, GBPJPY (Neutral, 14.7%) 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 Bear Bias with Market Energy -45.4%. GBPJPY energy is currently above DXY by 60.1 points.

Real-time Energy Chart

See the real-time energy chart for GBPJPY.

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 GBPJPY on the GBPJPY overview →

To jump to a symbol you're interested in, click .