Analysis

·

Candle close
Price and energy
GBPJPY from 189.358 to 188.822, down 0.28%
Market Energy Bull Bias 39.3% to Neutral 18.5%, down 20.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.24%▲ 0.17%▲ 0.37%▼ 0.28%
Energy▼ 75.0▲ 12.9▲ 76.7▼ 20.8
Volatility trend chart · last 4 sessions
▼ 0.24%▲ 0.17%▲ 0.37%▼ 0.28%▼ 75.0▲ 12.9▲ 76.7▼ 20.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.28% — higher than 96% of past drops
0%255075100%
Energy down 20.8 pts — higher than 76% of past drops
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: 18.49%

  • Distance to upper bound of Neutral (at 20.88%): 2.39%
  • Distance to lower bound of Neutral (at -20.88%): 39.37%

"Does history really repeat itself?" — 2AITRADING

GBPJPY · H1 · 2024-09-05 15:00 UTC
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Market Energy
39.3%
Bull Bias
18.5%
Neutral
10.7%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 1H candle completes, GBPJPY recorded in the balanced energy zone.

Per the 2AI model, Market Energy dropped -20.8% from the previous candle, from 39.3% to 18.5%.

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 -92.3 to +93.1.

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 22:00 on 05-09-2024 closed, GBPJPY was at 188.822, down 0.28% from the previous candle (189.358). Market Energy was 18.5%, down 20.8 points from 39.3%, 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 188.822, down 0.28% from the previous 1H candle (189.358). This drop is larger than 96% of past drops on the 1H timeframe for GBPJPY, across 35,429 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy fell 20.8 percentage points from the previous candle — from 39.3% to 18.5%. This drop is larger than 76% of past drops on the 1H timeframe for GBPJPY.

Do GBPJPY price and energy agree?

Yes. Both price and energy moved down on this candle. 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 39.3%, 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 18.5%, GBPJPY is 2.39 points from the upper boundary of Neutral (20.88%) and 39.37 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 Extreme with energy -93.5%; GER40 (European equities) in Bear Critical with energy -63.2%. Against this backdrop, GBPJPY (Neutral, 18.5%) has higher energy 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 Bull Bias with Market Energy 47.9%. GBPJPY energy is currently below DXY by 29.4 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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