Analysis

·

Candle close
Price and energy
GBPJPY from 169.46 to 169.073, down 0.23%
Market Energy Bull Bias 53.6% to Neutral -0.9%, down 54.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.10%▲ 0.21%▲ 0.07%▼ 0.23%
Energy▲ 16.6▲ 84.7▲ 12.2▼ 54.5
Volatility trend chart · last 4 sessions
▲ 0.10%▲ 0.21%▲ 0.07%▼ 0.23%▲ 16.6▲ 84.7▲ 12.2▼ 54.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.23% — higher than 93% of past drops
0%255075100%
Energy down 54.5 pts — higher than 93% 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: -0.87%

  • Distance to upper bound of Neutral (at 20.88%): 21.75%
  • Distance to lower bound of Neutral (at -20.88%): 20.01%

"To truly understand anything, study its history" — 2AITRADING

GBPJPY · H1 · 2022-10-18 05:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
53.6%
Bull Bias
-0.9%
Neutral
-40.6%
Bear Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 1H candle closes, GBPJPY classified as the Neutral energy state.

At the 1H session close, The energy level dropped -54.5%: from 53.6% now at -0.9%.

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 -68.4 to +98.2.

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 12:00 on 18-10-2022 closed, GBPJPY was at 169.073, down 0.23% from the previous candle (169.46). Market Energy was -0.9%, down 54.5 points from 53.6%, 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 169.073, down 0.23% from the previous 1H candle (169.46). This drop is larger than 93% of past drops on the 1H timeframe for GBPJPY, across 23,660 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy fell 54.5 percentage points from the previous candle — from 53.6% to -0.9%. This drop is larger than 93% 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 the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had GBPJPY at 53.6%, 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 -0.9%, GBPJPY is 21.75 points from the upper boundary of Neutral (20.88%) and 20.01 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 84.8%; GER40 (European equities) in Bull Extreme with energy 80.9%. Against this backdrop, GBPJPY (Neutral, -0.9%) 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 Critical with Market Energy -69.9%. GBPJPY energy is currently above DXY by 69 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 →

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