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Do GBPUSD and SIL 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 Micro Silver are often assumed to move together. This measures it against 2,226 time-aligned 10-minute bars over the last 45 days — no opinion, just what the two actually did.

Bars where both moved2,124
… and moved the same direction1,354  (63.7%)
Correlation of bar-to-bar changes+0.405

At 63.7% agreement and a correlation of +0.405, these two have a moderate tendency to move together on this timeframe.

EXAMPLE SCREENSHOT · June 2026A LiveCharts.AI chart with several indicator panels
Example screenshot of the LiveCharts.AI app from June 2026 — an illustration only. Any prediction lines on it are not current; today's and tomorrow's predictions are only in the live app.

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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