Analysis

·

Candle close
Price and energy
GBPJPY from 197.588 to 197.894, up 0.15%
Market Energy Neutral -2.7% to Neutral 20.1%, up 22.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.04%▼ 0.02%▼ 0.12%▲ 0.15%
Energy▲ 1.1▼ 1.7▼ 13.8▲ 22.8
Volatility trend chart · last 4 sessions
▲ 0.04%▼ 0.02%▼ 0.12%▲ 0.15%▲ 1.1▼ 1.7▼ 13.8▲ 22.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.15% — higher than 86% of past rises
0%255075100%
Energy up 22.8 pts — higher than 78% of past rises
RESEARCH

Trend of Neutral GBPJPY 1H

Sample: 73,018 1H candles from 2015-01-01 to 2026-09-24
Number of Neutral occurrences: 5,941 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: 2,804 times — 47.2%

▸Current GBPJPY market energy: 20.1%

  • Distance to upper bound of Neutral (at 20.88%): 0.78%
  • Distance to lower bound of Neutral (at -20.88%): 40.98%

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

GBPJPY · H1 · 2024-07-26 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-2.7%
Neutral
20.1%
Neutral
5.5%
Neutral
Zone
-20.88 – 20.88
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, GBPJPY in neutral trend energy.

The energy side shows Market Energy at 20.1%, up +22.8% from -2.7% in the previous candle.

Time in Neutral energy zone: 6 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 -100 to +77.1.

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 07:00 on 26-07-2024 closed, GBPJPY was at 197.894, up 0.15% from the previous candle (197.588). Market Energy was 20.1%, up 22.8 points from -2.7%, 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 197.894, up 0.15% from the previous 1H candle (197.588). This rise is larger than 86% of past rises on the 1H timeframe for GBPJPY, across 34,718 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy rose 22.8 percentage points from the previous candle — from -2.7% to 20.1%. This rise is larger than 78% of past rises on the 1H timeframe for GBPJPY.

Do GBPJPY price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. 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 -2.7%, Neutral — this candle kept the same state, no zone change.

Where does GBPJPY energy sit within the Neutral zone?

At 20.1%, GBPJPY is 0.78 points from the upper boundary of Neutral (20.88%) and 40.98 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 Bear Critical with energy -63.4%; GER40 (European equities) in Neutral with energy -15.5%. Against this backdrop, GBPJPY (Neutral, 20.1%) has higher energy 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 28.9%. GBPJPY energy is currently below DXY by 8.8 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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