Analysis

EURGBP 0.83708 ↓0.02%: Bears have the edge · 1H 02:00 Oct 24, 2026

·
Candle close
Price and energy
Open 0.83723 · High 0.83727 · Low 0.83706 · Close 0.83708 · Range (high − low) 0.00021
EURGBP closed at 0.83708, down 0.00016 (-0.02%) from 0.83724.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -7.4% to Bear Bias at -24.5%, down 17.1 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price0.837380.837240.837240.83708
Energy-0.3%0.7%-7.4%-24.5%
Price change↑ 0.04%↓ 0.02%0.00%↓ 0.02%
Energy change↑ 9.8↑ 1.1↓ 8.2↓ 17.1
Volatility trend chart · last 4 sessions
↑ 0.04%↓ 0.02%0.00%↓ 0.02%↑ 9.8↑ 1.1↓ 8.2↓ 17.1
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.02% — higher than 33% of past drops
0%255075100%
Energy down 17.1 pts — higher than 75% of past drops
Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

RESEARCH

Trend of Bear Bias EURGBP 1H

Sample: 58,479 1H candles from 2017-05-01 to 2026-10-22
Number of Bear Bias occurrences: 4,368 times

▸When EURGBP is in Bear Bias:

  • then EURGBP moved to higher Market State: 3,191 times — 73.1%
  • then EURGBP moved to lower Market State: 1,177 times — 26.9%

▸Current EURGBP market energy: -24.49%

  • Distance to upper bound of Bear Bias (at -20.88%): 3.61%
  • Distance to lower bound of Bear Bias (at -60%): 35.51%

"History always repeats itself, one way or another" — 2AITRADING

EURGBP · H1 · 2026-10-23 18:00 UTC
Preview the last 30 candles — price and energy
View live EURGBP chart →
Market Energy
-7.4%
Neutral
-24.5%
Bear Bias
-23.8%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the 1H candle completes, EURGBP in Bear Bias.

Per the 2AI model, The energy level dropped -17.1%: from -7.4% now at -24.5%.

Time in Bear Bias 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, EURGBP Market Energy ranged from -98.1 to 90.8.

Frequently asked questions

What did EURGBP price and energy show when this 1H candle closed?

When the 1H candle closed at 02:00 on 24-10-2026, EURGBP was at 0.83708, down 0.02% from the previous candle (0.83724). Market Energy was -24.5%, down 17.1 points from -7.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did EURGBP price move on this 1H candle, and how large is that historically?

EURGBP closed at 0.83708, down 0.02% from the previous 1H candle (0.83724). This drop is larger than 33% of past drops on the 1H timeframe for EURGBP, across 48,694 candles since 2019.

How did EURGBP Market Energy change from the previous candle?

Market Energy fell 17.1 percentage points from the previous candle — from -7.4% to -24.5%. This drop is larger than 75% of past drops on the 1H timeframe for EURGBP.

Do EURGBP price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

What state was EURGBP in on the previous 1H candle?

The previous 1H candle had EURGBP at -7.4%, Neutral — when this candle closed, EURGBP moved down to a lower zone: Neutral → Bear Bias.

Where does EURGBP energy sit within the Bear Bias zone?

At -24.5%, EURGBP is 3.61 points from the upper boundary of Bear Bias (-20.88%) and 35.51 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Bear Bias 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 Bull Bias with energy 39.1%; GER40 (European equities) in Neutral with energy 11.8%. Against this backdrop, EURGBP (Bear Bias, -24.5%) lower 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 27.8%. EURGBP (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for EURGBP.

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 EURGBP on the EURGBP overview →

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