Analysis

GBPCAD 1.8742 ↓0.07%: Bears in the peak-force zone · 1H 15:00 Oct 23, 2026

·
Candle close
Price and energy
Open 1.8755 · High 1.8755 · Low 1.8738 · Close 1.8742 · Range (high − low) 0.001755
GBPCAD closed at 1.8742, down 0.00125 (-0.07%) from 1.8755.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -41.7% to Bear Extreme at -87.1%, down 45.4 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price1.8761.87621.87551.8742
Energy-12.7%-10.0%-41.7%-87.1%
Price change↓ 0.02%↑ 0.01%↓ 0.04%↓ 0.07%
Energy change↓ 3.4↑ 2.7↓ 31.7↓ 45.4
Volatility trend chart · last 4 sessions
↓ 0.02%↑ 0.01%↓ 0.04%↓ 0.07%↓ 3.4↑ 2.7↓ 31.7↓ 45.4
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.07% — higher than 68% of past drops
0%255075100%
Energy down 45.4 pts — higher than 96% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme GBPCAD 1H

Sample: 58,651 1H candles from 2017-05-01 to 2026-10-23
Number of Bear Extreme occurrences: 683 times

▸When GBPCAD is in Bear Extreme:

  • then GBPCAD moved to higher Market State: 683 times — 100%
  • then GBPCAD moved to lower Market State: 0 times — 0%

▸Current GBPCAD market energy: -87.08%

  • Distance to upper bound of Bear Extreme (at -74.5%): 12.58%
  • Distance to bottom -100%: 12.92%

"Does history really repeat itself?" — 2AITRADING

GBPCAD · H1 · 2026-10-23 07:00 UTC
Preview the last 30 candles — price and energy
View live GBPCAD chart →
Market Energy
-41.7%
Bear Bias
-87.1%
Bear Extreme
-71.8%
Bear Critical
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Following the completion of the 1H candle, Result for GBPCAD: the Bear Extreme level.

On trend energy, Compared to the previous candle (-41.7%), Market Energy dropped -45.4% to -87.1%.

Time in Bear Extreme 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, GBPCAD Market Energy ranged from -99.1 to 94.2.

Frequently asked questions

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

When the 1H candle closed at 15:00 on 23-10-2026, GBPCAD was at 1.8742, down 0.07% from the previous candle (1.8755). Market Energy was -87.1%, down 45.4 points from -41.7%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

GBPCAD closed at 1.8742, down 0.07% from the previous 1H candle (1.8755). This drop is larger than 68% of past drops on the 1H timeframe for GBPCAD, across 48,482 candles since 2019.

How did GBPCAD Market Energy change from the previous candle?

Market Energy fell 45.4 percentage points from the previous candle — from -41.7% to -87.1%. This drop is larger than 96% 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 -41.7%, Bear Bias — when this candle closed, GBPCAD moved down to a lower zone: Bear Bias → Bear Extreme.

Where does GBPCAD energy sit within the Bear Extreme zone?

At -87.1%, GBPCAD is 12.58 points from the upper boundary of Bear Extreme (-74.5%) and 12.92 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 -22.3%; GER40 (European equities) in Bear Extreme with energy -89.4%. Against this backdrop, GBPCAD (Bear Extreme, -87.1%) 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 Bull Extreme with Market Energy 75.9%. GBPCAD (Bear Extreme) 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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