Analysis

EURGBP 0.83988 ↓0.01%: Bears very strong · 4H 04:00 Oct 21, 2026

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Candle close
Price and energy
Open 0.83998 · High 0.84003 · Low 0.83954 · Close 0.83988 · Range (high − low) 0.00049
EURGBP closed at 0.83988, down 0.00011 (-0.01%) from 0.83999.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -80.2% to Bear Critical at -73.5%, up 6.7 points.
Energy diverges from price.
Price and energy · last 4 candles
Price0.840670.839640.839990.83988
Energy-75.5%-96.3%-80.2%-73.5%
Price change↓ 0.22%↓ 0.12%↑ 0.04%↓ 0.01%
Energy change↓ 110.4↓ 20.8↑ 16.1↑ 6.7
Volatility trend chart · last 4 sessions
↓ 0.22%↓ 0.12%↑ 0.04%↓ 0.01%↓ 110.4↓ 20.8↑ 16.1↑ 6.7
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.01% — higher than 21% of past drops
0%255075100%
Energy up 6.7 pts — higher than 39% of past rises
Knowledge

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

RESEARCH

Trend of Bear Critical EURGBP 4H

Sample: 379 4H candles from 2026-07-22 to 2026-10-19
Number of Bear Critical occurrences: 16 times

▸When EURGBP is in Bear Critical:

  • then EURGBP moved to higher Market State: 11 times — 68.8%
  • then EURGBP moved to lower Market State: 5 times — 31.3%

▸Current EURGBP market energy: -73.5%

  • Distance to upper bound of Bear Critical (at -60%): 13.5%
  • Distance to lower bound of Bear Critical (at -74.5%): 1%

"Let data guide you, but never trust it completely" — 2AITRADING

EURGBP · H4 · 2026-10-20 17:00 UTC
Preview the last 30 candles — price and energy
View live EURGBP chart →
Market Energy
-80.2%
Bear Extreme
-73.5%
Bear Critical
-71.7%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

With the 4H candle just closed, EURGBP recorded in Bear Critical of Market Energy.

The market energy reading Market Energy reading rose +6.7%, moving from -80.2% to -73.5% after the 4H candle.

Time in Bear Critical energy zone: 1 4H 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 -96.3 to 51.

Frequently asked questions

What did EURGBP price and energy show when this 4H candle closed?

When the 4H candle closed at 04:00 on 21-10-2026, EURGBP was at 0.83988, down 0.01% from the previous candle (0.83999). Market Energy was -73.5%, up 6.7 points from -80.2%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did EURGBP price move on this 4H candle, and how large is that historically?

EURGBP closed at 0.83988, down 0.01% from the previous 4H candle (0.83999). This drop is larger than 21% of past drops on the 4H timeframe for EURGBP, across 383 candles since 2019.

How did EURGBP Market Energy change from the previous candle?

Market Energy rose 6.7 percentage points from the previous candle — from -80.2% to -73.5%. This rise is larger than 39% of past rises on the 4H timeframe for EURGBP.

Do EURGBP price and energy agree?

No. On this candle price fell but energy rose — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.

What state was EURGBP in on the previous 4H candle?

The previous 4H candle had EURGBP at -80.2%, Bear Extreme — when this candle closed, EURGBP moved up to a higher zone: Bear Extreme → Bear Critical.

Where does EURGBP energy sit within the Bear Critical zone?

At -73.5%, EURGBP is 13.5 points from the upper boundary of Bear Critical (-60%) and 1 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 Extreme with energy 74.8%; GER40 (European equities) in Bull Extreme with energy 85.1%. Against this backdrop, EURGBP (Bear Critical, -73.5%) 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 Neutral with Market Energy -20.6%. EURGBP energy is currently below DXY by 52.9 points.

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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