Analysis

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Candle close
Price and energy
GBPCHF from 1.0938 to 1.0929, down 0.08%
Market Energy Bear Critical -70.8% to Bear Extreme -79.6%, down 8.7 pts
Down candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.01%▼ 0.07%▼ 0.02%▼ 0.08%
Energy▲ 5.9▼ 8.2▼ 3.3▼ 8.7
Volatility trend chart · last 4 sessions
▼ 0.01%▼ 0.07%▼ 0.02%▼ 0.08%▲ 5.9▼ 8.2▼ 3.3▼ 8.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.08% — higher than 64% of past drops
0%255075100%
Energy down 8.7 pts — higher than 42% of past drops
RESEARCH

Trend of Bear Extreme GBPCHF 4H

Sample: 273 4H candles from 2026-07-22 to 2026-09-24
Number of Bear Extreme occurrences: 3 times

▸When GBPCHF is in Bear Extreme:

  • then GBPCHF moved to higher Market State: 3 times — 100%
  • then GBPCHF moved to lower Market State: 0 times — 0%

▸Current GBPCHF market energy: -79.58%

  • Distance to upper bound of Bear Extreme (at -74.5%): 5.08%
  • Distance to bottom -100%: 20.42%

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

GBPCHF · H4 · 2026-09-23 09:00 UTC
Preview the last 30 candles — price and energy
View live GBPCHF chart →
Market Energy
-70.8%
Bear Critical
-79.6%
Bear Extreme
-80.9%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

The Bear Extreme zone is the result just recorded for GBPCHF after the 4H candle closed.

Per the 2AI model, The energy level dropped -8.7%: from -70.8% now at -79.6%.

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 -93.4 to -2.4.

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 16:00 on 23-09-2026 closed, GBPCHF was at 1.0929, down 0.08% from the previous candle (1.0938). Market Energy was -79.6%, down 8.7 points from -70.8%, 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 1.0929, down 0.08% from the previous 4H candle (1.0938). This drop is larger than 64% of past drops on the 4H timeframe for GBPCHF, across 265 candles since 2019.

How did GBPCHF Market Energy change from the previous candle?

Market Energy fell 8.7 percentage points from the previous candle — from -70.8% to -79.6%. This drop is larger than 42% of past drops on the 4H timeframe for GBPCHF.

Do GBPCHF price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had GBPCHF at -70.8%, Bear Critical — when this candle closed, GBPCHF moved down to a lower zone: Bear Critical → Bear Extreme.

Where does GBPCHF energy sit within the Bear Extreme zone?

At -79.6%, GBPCHF is 5.08 points from the upper boundary of Bear Extreme (-74.5%) and 20.42 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 -33%; GER40 (European equities) in Bear Extreme with energy -99.3%. Against this backdrop, GBPCHF (Bear Extreme, -79.6%) 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 85.8%. 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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