EUR/GBP

- GBP (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURGBP
ISIN:

EUR/GBP - 1H - Technical analysis published on 05/13/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

39%

28%

33%

My opinion

Neutral between 0.8578 GBP and 0.8627 GBP

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.8627 GBP. The first support is located at 0.8578 GBP. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/GBP price is 0.8602 GBP. The price has increased by +0.01% since the last closing and was traded between 0.8600 GBP and 0.8603 GBP over the period. The price is currently at +0.02% from its lowest and -0.01% from its highest.

0.8600

0.8603

0.8602

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this EUR/GBP chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8562	0.8578	0.8601	0.8602	0.8627	0.8659	0.8691
Change (%)	-0.47%	-0.28%	-0.01%	-	+0.29%	+0.66%	+1.03%
Change	-0.0040	-0.0024	-0.0001	-	+0.0025	+0.0057	+0.0089
Level	Major	Minor	Major	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8582	0.8590	0.8595	0.8603	0.8608	0.8616	0.8621
Camarilla	0.8597	0.8599	0.8600	0.8601	0.8602	0.8603	0.8605
Woodie	0.8582	0.8589	0.8595	0.8602	0.8608	0.8615	0.8621
Fibonacci	0.8590	0.8595	0.8598	0.8603	0.8608	0.8611	0.8616

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8498	0.8527	0.8563	0.8592	0.8628	0.8657	0.8693
Camarilla	0.8581	0.8587	0.8593	0.8599	0.8605	0.8611	0.8617
Woodie	0.8502	0.8529	0.8567	0.8594	0.8632	0.8659	0.8697
Fibonacci	0.8527	0.8552	0.8567	0.8592	0.8617	0.8632	0.8657

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8368	0.8445	0.8492	0.8569	0.8616	0.8693	0.8740
Camarilla	0.8506	0.8517	0.8529	0.8540	0.8551	0.8563	0.8574
Woodie	0.8354	0.8438	0.8478	0.8562	0.8602	0.8686	0.8726
Fibonacci	0.8445	0.8492	0.8521	0.8569	0.8616	0.8645	0.8693

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	47.90
MACD (12,26,9):	-0.0001
Directional Movement:	5.5638
AROON (14):	35.7143
DEMA (21):	0.8601
Parabolic SAR (0,02-0,02-0,2):	0.8612
Elder Ray (13):	0.0001
Super Trend (3,10):	0.8595
Zig ZAG (10):	0.8602
VORTEX (21):	1.0579
Stochastique (14,3,5):	33.33
TEMA (21):	0.8600
Williams %R (14):	-57.14
Chande Momentum Oscillator (20):	0.0001
Repulse (5,40,3):	-0.0279
ROCnROLL:	2
TRIX (15,9):	-0.0021
Courbe Coppock:	0.03

MA7:	0.8598
MA20:	0.8581
MA50:	0.8565
MA100:	0.8569
MAexp7:	0.8601
MAexp20:	0.8602
MAexp50:	0.8602
MAexp100:	0.8597
Price / MA7:	+0.05%
Price / MA20:	+0.24%
Price / MA50:	+0.43%
Price / MA100:	+0.39%
Price / MAexp7:	+0.01%
Price / MAexp20:	-0%
Price / MAexp50:	-0%
Price / MAexp100:	+0.06%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on EUR/GBP. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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