Analysis

GBPJPY 209.733 ↓0.11%: Bears in the peak-force zone · 1H 16:00 Oct 23, 2026

·
Candle close
Price and energy
Open 209.8455 · High 209.916 · Low 209.6915 · Close 209.733 · Range (high − low) 0.2245
GBPJPY closed at 209.733, down 0.2295 (-0.11%) from 209.9625.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 8.8% to Bear Extreme at -74.7%, down 83.5 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price210.068210.206209.963209.733
Energy52.4%46.0%8.8%-74.7%
Price change↓ 0.06%↑ 0.07%↓ 0.12%↓ 0.11%
Energy change↓ 14.7↓ 6.4↓ 37.2↓ 83.5
Volatility trend chart · last 4 sessions
↓ 0.06%↑ 0.07%↓ 0.12%↓ 0.11%↓ 14.7↓ 6.4↓ 37.2↓ 83.5
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.11% — higher than 76% of past drops
0%255075100%
Energy down 83.5 pts — higher than 98% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme GBPJPY 1H

Sample: 73,488 1H candles from 2015-01-01 to 2026-10-22
Number of Bear Extreme occurrences: 2,353 times

▸When GBPJPY is in Bear Extreme:

  • then GBPJPY moved to higher Market State: 2,353 times — 100%
  • then GBPJPY moved to lower Market State: 0 times — 0%

▸Current GBPJPY market energy: -74.75%

  • Distance to upper bound of Bear Extreme (at -74.5%): 0.25%
  • Distance to bottom -100%: 25.25%

"History always repeats itself, one way or another" — 2AITRADING

GBPJPY · H1 · 2026-10-23 08:00 UTC
Preview the last 30 candles — price and energy
View live GBPJPY chart →
Market Energy
8.8%
Neutral
-74.7%
Bear Extreme
-78.6%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Right as the 1H candle closes, GBPJPY classified as the Bear Extreme energy zone.

On the energy side, Market Energy reading dropped -83.5%, moving from 8.8% to -74.7% after the 1H candle.

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, GBPJPY Market Energy ranged from -99 to 99.5.

Frequently asked questions

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

When the 1H candle closed at 16:00 on 23-10-2026, GBPJPY was at 209.733, down 0.11% from the previous candle (209.9625). Market Energy was -74.7%, down 83.5 points from 8.8%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

GBPJPY closed at 209.733, down 0.11% from the previous 1H candle (209.9625). This drop is larger than 76% of past drops on the 1H timeframe for GBPJPY, across 48,670 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy fell 83.5 percentage points from the previous candle — from 8.8% to -74.7%. This drop is larger than 98% of past drops on the 1H timeframe for GBPJPY.

Do GBPJPY 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 GBPJPY in on the previous 1H candle?

The previous 1H candle had GBPJPY at 8.8%, Neutral — when this candle closed, GBPJPY moved down to a lower zone: Neutral → Bear Extreme.

Where does GBPJPY energy sit within the Bear Extreme zone?

At -74.7%, GBPJPY is 0.25 points from the upper boundary of Bear Extreme (-74.5%) and 25.25 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 Neutral with energy -18.5%; GER40 (European equities) in Bear Extreme with energy -85.8%. Against this backdrop, GBPJPY (Bear Extreme, -74.7%) 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 74.6%. GBPJPY (Bear Extreme) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for GBPJPY.

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 GBPJPY on the GBPJPY overview →

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