Analysis

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Candle open
Price and energy
GBPCAD from 1.8768 to 1.8669, down 0.53%
Market Energy Neutral 19.5% to Bear Bias -49.3%, down 68.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.04%0.13%0.04%0.53%
Energy5.322.920.068.8
Volatility trend chart · last 4 sessions
0.04% 0.13% 0.04% 0.53% 5.3 22.9 20.0 68.8
priceenergy up · down
Volatility · vs history since 2019
Price down 0.53% — higher than 84% of past drops
0%255075100%
Energy down 68.8 pts — largest on record (since 2019)
RESEARCH

Trend of Bear Bias GBPCAD Daily

Sample: 4,036 Daily candles from 2013-01-02 to 2026-09-23
Number of Bear Bias occurrences: 330 times

When GBPCAD is in Bear Bias:

  • then GBPCAD moved to higher Market State: 246 times74.5%
  • then GBPCAD moved to lower Market State: 84 times25.5%

Current GBPCAD market energy: -49.29%

  • Distance to upper bound of Bear Bias (at -20.88%): 28.41%
  • Distance to lower bound of Bear Bias (at -60%): 10.71%

"To truly understand anything, study its history" — 2AITRADING

GBPCAD · D1 · 2026-09-23 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
19.5%
Neutral
-49.3%
Bear Bias
Expected at
07:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

With the Daily candle just closed, GBPCAD in the Bear Bias state.

On the energy side, Market trend energy recorded a -68.8% drop from the previous candle, from 19.5% to -49.3%.

Time in Bear Bias energy zone: 1 Daily 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, GBPCAD Market Energy ranged from -49.3 to +19.5.

Knowledge

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

Frequently asked questions

What did GBPCAD price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 23-09-2026 closed, GBPCAD was at 1.8669, down 0.53% from the previous candle (1.8768). Market Energy was -49.3%, down 68.8 points from 19.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did GBPCAD price move on this Daily candle, and how large is that historically?

GBPCAD closed at 1.8669, down 0.53% from the previous Daily candle (1.8768). This drop is larger than 84% of past drops on the Daily timeframe for GBPCAD, across 2,414 candles since 2019.

How did GBPCAD Market Energy change from the previous candle?

Market Energy fell 68.8 percentage points from the previous candle — from 19.5% to -49.3%. This is the largest of all drops on the Daily timeframe for GBPCAD on record since 2019.

Do GBPCAD 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 GBPCAD in on the previous Daily candle?

The previous Daily candle had GBPCAD at 19.5%, Neutral — when this candle closed, GBPCAD moved down to a lower zone: Neutral → Bear Bias.

Where does GBPCAD energy sit within the Bear Bias zone?

At -49.3%, GBPCAD is 28.41 points from the upper boundary of Bear Bias (-20.88%) and 10.71 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bear Bias with energy -47%; GER40 (European equities) in Neutral with energy -20.8%. Against this backdrop, GBPCAD (Bear Bias, -49.3%) lower than GER40; sits in the same state zone as SPX500.

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 33.1%. GBPCAD (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for GBPCAD.

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 GBPCAD on the GBPCAD overview →

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