Analysis

GBPJPY 211.8625 ↑0.02%: Bulls have the edge · 4H 08:00 Oct 22, 2026

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Candle close
Price and energy
Open 211.7275 · High 211.9945 · Low 211.652 · Close 211.8625 · Range (high − low) 0.3425
GBPJPY closed at 211.8625, up 0.041 (+0.02%) from 211.8215.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 55.3% to Bull Bias at 50.1%, down 5.2 points.
Third straight up candle, energy diverges from price.
Price and energy · last 4 candles
Price211.53211.776211.822211.863
Energy49.7%48.8%55.3%50.1%
Price change↓ 0.18%↑ 0.12%↑ 0.02%↑ 0.02%
Energy change↓ 21.1↓ 0.9↑ 6.5↓ 5.2
Volatility trend chart · last 4 sessions
↓ 0.18%↑ 0.12%↑ 0.02%↑ 0.02%↓ 21.1↓ 0.9↑ 6.5↓ 5.2
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.02% — higher than 10% of past rises
0%255075100%
Energy down 5.2 pts — higher than 27% of past drops
Knowledge

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

RESEARCH

Trend of Bull Bias GBPJPY 4H

Sample: 18,358 4H candles from 2014-12-31 to 2026-10-21
Number of Bull Bias occurrences: 1,628 times

▸When GBPJPY is in Bull Bias:

  • then GBPJPY moved to higher Market State: 763 times — 46.9%
  • then GBPJPY moved to lower Market State: 865 times — 53.1%

▸Current GBPJPY market energy: 50.09%

  • Distance to upper bound of Bull Bias (at 60%): 9.91%
  • Distance to lower bound of Bull Bias (at 20.88%): 29.21%

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

GBPJPY · H4 · 2026-10-21 21:00 UTC
Preview the last 30 candles — price and energy
View live GBPJPY chart →
Market Energy
55.3%
Bull Bias
50.1%
Bull Bias
-28.7%
Bear Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the 4H candle closes, GBPJPY within the Bull Bias energy zone.

Market energy movement A -5.2% change from the previous candle, Market Energy is now 50.1% (previous: 55.3%).

Time in Bull Bias energy zone: 4 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, GBPJPY Market Energy ranged from 48.8 to 91.7.

Frequently asked questions

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

When the 4H candle closed at 08:00 on 22-10-2026, GBPJPY was at 211.8625, up 0.02% from the previous candle (211.8215). Market Energy was 50.1%, down 5.2 points from 55.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

GBPJPY closed at 211.8625, up 0.02% from the previous 4H candle (211.8215). This rise is larger than 10% of past rises on the 4H timeframe for GBPJPY, across 12,149 candles since 2019.

How did GBPJPY Market Energy change from the previous candle?

Market Energy fell 5.2 percentage points from the previous candle — from 55.3% to 50.1%. This drop is larger than 27% of past drops on the 4H timeframe for GBPJPY.

Do GBPJPY price and energy agree?

No. This candle recorded a price rise with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had GBPJPY at 55.3%, Bull Bias — this candle kept the same state, no zone change.

Where does GBPJPY energy sit within the Bull Bias zone?

At 50.1%, GBPJPY is 9.91 points from the upper boundary of Bull Bias (60%) and 29.21 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Bull Critical with energy 60.8%; GER40 (European equities) in Bull Bias with energy 32.5%. Against this backdrop, GBPJPY (Bull Bias, 50.1%) 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 Bear Bias with Market Energy -25.1%. GBPJPY (Bull Bias) 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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