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Do GBPUSD and SI Move Together on 10-minute Charts?

Educational reference. Measured from recorded market data through September 12, 2026. Not a forecast.

British Pound / U.S. Dollar and Silver are often assumed to move together. This measures it against 2,210 time-aligned 10-minute bars over the last 45 days — no opinion, just what the two actually did.

Bars where both moved2,117
… and moved the same direction1,343  (63.4%)
Correlation of bar-to-bar changes+0.405

At 63.4% agreement and a correlation of +0.405, these two have a moderate tendency to move together on this timeframe.

A LiveCharts.AI chart with several indicator panels

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 10-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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