Analysis

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Candle close
Price and energy
GBPCHF from 1.1001 to 1.0978, down 0.21%
Market Energy Bear Bias -28.1% to Bear Extreme -87.8%, down 59.7 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.06%0.16%0.21%
Energy1.618.725.759.7
Volatility trend chart · last 4 sessions
0.00% 0.06% 0.16% 0.21% 1.6 18.7 25.7 59.7
priceenergy up · down
Volatility · vs history since 2019
Price down 0.21% — higher than 89% of past drops
0%255075100%
Energy down 59.7 pts — higher than 95% of past drops
RESEARCH

Trend of Bear Extreme GBPCHF 4H

Sample: 255 4H candles from 2026-07-22 to 2026-09-21
Number of Bear Extreme occurrences: 1 times

When GBPCHF is in Bear Extreme:

  • then GBPCHF moved to higher Market State: 1 times100%
  • then GBPCHF moved to lower Market State: 0 times0%

Current GBPCHF market energy: -87.77%

  • Distance to upper bound of Bear Extreme (at -74.5%): 13.27%
  • Distance to bottom -100%: 12.23%

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

GBPCHF · H4 · 2026-09-21 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-28.1%
Bear Bias
-87.8%
Bear Extreme
-93.4%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

GBPCHF classified into the Bear Extreme energy zone after the 4H candle completed.

Per the 2AiTrading energy measurement system, Market Energy dropped -59.7% from the previous candle, from -28.1% to -87.8%.

Time in Bear Extreme 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, GBPCHF Market Energy ranged from -87.8 to +56.7.

Knowledge

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

Frequently asked questions

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

When the 4H candle at 20:00 on 21-09-2026 closed, GBPCHF was at 1.0978, down 0.21% from the previous candle (1.1001). Market Energy was -87.8%, down 59.7 points from -28.1%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

GBPCHF closed at 1.0978, down 0.21% from the previous 4H candle (1.1001). This drop is larger than 89% of past drops on the 4H timeframe for GBPCHF, across 254 candles since 2019.

How did GBPCHF Market Energy change from the previous candle?

Market Energy fell 59.7 percentage points from the previous candle — from -28.1% to -87.8%. This drop is larger than 95% of past drops on the 4H timeframe for GBPCHF.

Do GBPCHF price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had GBPCHF at -28.1%, Bear Bias — when this candle closed, GBPCHF moved down to a lower zone: Bear Bias → Bear Extreme.

Where does GBPCHF energy sit within the Bear Extreme zone?

At -87.8%, GBPCHF is 13.27 points from the upper boundary of Bear Extreme (-74.5%) and 12.23 points from the lower boundary (-100%) — so energy sits closer to the lower 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 Bull Critical with energy 72.2%; GER40 (European equities) in Neutral with energy 7.8%. Against this backdrop, GBPCHF (Bear Extreme, -87.8%) 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 Critical with Market Energy 68.9%. GBPCHF (Bear Extreme) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for GBPCHF.

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 GBPCHF on the GBPCHF overview →

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