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Do EURCAD and GBPUSD Move Together on 1-minute Charts?

Educational reference. Measured from recorded market data through September 4, 2026. Not a forecast.

Euro / Canadian Dollar and British Pound / U.S. Dollar are often assumed to move together. This measures it against 30,569 time-aligned 1-minute bars over the last 45 days — no opinion, just what the two actually did.

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Bars where both moved26,665
… and moved the same direction16,215  (60.8%)
Correlation of bar-to-bar changes+0.511

A coin flip would be 50%. At 60.8% and a correlation of +0.511, these two have a moderate tendency to move together on this timeframe.

Where the relationship breaks down

Prices moving together does not mean everything else does. The indicator pages below measure each reading separately — and momentum, trend strength and volatility frequently disagree even when price does not.

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How this was measured

Every 1-minute bar recorded for both instruments in the last 45 days was aligned by timestamp. Bars where either did not move are excluded from the direction figure, since a flat bar agrees with nothing. Correlation is measured on bar-to-bar changes, not on price levels — two markets can both drift upward for unrelated reasons, and correlating levels would call that a relationship.

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