Analysis

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Price and energy
GBPCAD from 1.8831 to 1.8828, down 0.01%
Market Energy Bear Bias -37.8% to Bear Bias -47.8%, down 10.0 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.04%0.01%0.01%
Energy6.520.613.010.0
Volatility trend chart · last 4 sessions
0.00% 0.04% 0.01% 0.01% 6.5 20.6 13.0 10.0
priceenergy up · down
Volatility · vs history since 2019
Price down 0.01% — higher than 18% of past drops
0%255075100%
Energy down 10.0 pts — higher than 57% of past drops
RESEARCH

Trend of Bear Bias GBPCAD 1H

Sample: 58,075 1H candles from 2017-05-01 to 2026-09-18
Number of Bear Bias occurrences: 4,348 times

When GBPCAD is in Bear Bias:

  • then GBPCAD moved to higher Market State: 3,124 times71.8%
  • then GBPCAD moved to lower Market State: 1,224 times28.2%

Current GBPCAD market energy: -47.8%

  • Distance to upper bound of Bear Bias (at -20.88%): 26.92%
  • Distance to lower bound of Bear Bias (at -60%): 12.2%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

GBPCAD · H1 · 2026-07-23 03:00 UTC
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Market Energy
-37.8%
Bear Bias
-47.8%
Bear Bias
-53.0%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

GBPCAD processing result: the Bear Bias level after the 1H candle closed.

Per the 2AiTrading energy measurement system, Market Energy at -47.8%, down -10% from -37.8% in the previous candle.

Time in Bear Bias energy zone: 3 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, GBPCAD Market Energy ranged from -82.5 to +78.5.

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 1H candle closed?

When the 1H candle at 10:00 on 23-07-2026 closed, GBPCAD was at 1.8828, down 0.01% from the previous candle (1.8831). Market Energy was -47.8%, down 10.0 points from -37.8%, 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 1H candle, and how large is that historically?

GBPCAD closed at 1.8828, down 0.01% from the previous 1H candle (1.8831). This drop is larger than 18% of past drops on the 1H timeframe for GBPCAD, across 46,946 candles since 2019.

How did GBPCAD Market Energy change from the previous candle?

Market Energy fell 10 percentage points from the previous candle — from -37.8% to -47.8%. This drop is larger than 57% of past drops on the 1H timeframe for GBPCAD.

Do GBPCAD price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had GBPCAD at -37.8%, Bear Bias — this candle kept the same state, no zone change.

Where does GBPCAD energy sit within the Bear Bias zone?

At -47.8%, GBPCAD is 26.92 points from the upper boundary of Bear Bias (-20.88%) and 12.2 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 Neutral with energy -14.5%; GER40 (European equities) in Bear Bias with energy -31.8%. Against this backdrop, GBPCAD (Bear Bias, -47.8%) lower than SPX500; sits in the same state zone as 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 Bear Bias with Market Energy -56.7%. GBPCAD (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for GBPCAD.

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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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