Does Average True Range Agree on GBPUSD and USDCAD? (15-minute Charts)
Educational reference. Measured from recorded market data through
September 12, 2026. Not a forecast.
Average True Range measures how much ground a bar covers โ volatility, not direction. This page asks a narrower question than the price
comparison: when Average True Range moves on British Pound / U.S. Dollar, does it move the same way on
U.S. Dollar / Canadian Dollar?
Bars where Average True Range moved on both
1,547
… and moved the same direction
1,154 (74.6%)
Price correlation, same period
-0.574
EXAMPLE SCREENSHOT ยท August 2026Example screenshot of the LiveCharts.AI app from August 2026 โ an illustration only. Any prediction lines on it are not current; today's and tomorrow's predictions are only in the live app.
Average True Range agrees more than price does. Prices correlate at -0.574, yet this reading matches 74.6% of the time. It is tracking something the two markets share beyond direction.
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A
reading that agrees far less than price suggests is exactly where one market is losing steam
while the other keeps going — and a reading that agrees more is tracking something shared
that direction alone does not capture.