GBP/NOK - 1H - Technical analysis published on 03/12/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 13.8816 NOK
My targets
13.7660 NOK (-0.0283)
13.6826 NOK (-0.1117)
My analysis
The bearish trend is currently very strong for GBP/NOK. As long as the price remains below the resistance at 13.8816 NOK, you could try to take advantage of the bearish rally. The first bearish objective is located at 13.7660 NOK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 13.6826 NOK as an objective. Crossing it would then enable sellers to target 13.5379 NOK. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/NOK price is 13.7943 NOK. The price registered a decrease of -0.02% on the session with the lowest point at 13.7808 NOK and the highest point at 13.8020 NOK. The deviation from the price is +0.10% for the low point and -0.06% for the high point.13.7808
13.8020
13.7943
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/NOK indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 4 are neutral and 8 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1 (Daily)
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.5379 | 13.6826 | 13.7660 | 13.7943 | 13.8816 | 13.9542 | 14.1304 |
| Change (%) | -1.86% | -0.81% | -0.21% | - | +0.63% | +1.16% | +2.44% |
| Change | -0.2564 | -0.1117 | -0.0283 | - | +0.0873 | +0.1599 | +0.3361 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.5802 | 13.6576 | 13.7273 | 13.8047 | 13.8744 | 13.9518 | 14.0215 |
| Camarilla | 13.7567 | 13.7701 | 13.7836 | 13.7971 | 13.8106 | 13.8241 | 13.8376 |
| Woodie | 13.5765 | 13.6557 | 13.7236 | 13.8028 | 13.8707 | 13.9499 | 14.0178 |
| Fibonacci | 13.6576 | 13.7138 | 13.7485 | 13.8047 | 13.8609 | 13.8956 | 13.9518 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.5735 | 13.7635 | 13.8970 | 14.0870 | 14.2205 | 14.4105 | 14.5440 |
| Camarilla | 13.9415 | 13.9712 | 14.0009 | 14.0305 | 14.0602 | 14.0898 | 14.1195 |
| Woodie | 13.5453 | 13.7494 | 13.8688 | 14.0729 | 14.1923 | 14.3964 | 14.5158 |
| Fibonacci | 13.7635 | 13.8871 | 13.9634 | 14.0870 | 14.2106 | 14.2869 | 14.4105 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.5502 | 13.6948 | 13.9255 | 14.0701 | 14.3008 | 14.4454 | 14.6761 |
| Camarilla | 14.0531 | 14.0875 | 14.1219 | 14.1563 | 14.1907 | 14.2251 | 14.2595 |
| Woodie | 13.5934 | 13.7163 | 13.9687 | 14.0916 | 14.3440 | 14.4669 | 14.7193 |
| Fibonacci | 13.6948 | 13.8381 | 13.9267 | 14.0701 | 14.2134 | 14.3020 | 14.4454 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.05 | |
| MACD (12,26,9): | -0.0216 | |
| Directional Movement: | -6.4779 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 13.7756 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.8086 | |
| Elder Ray (13): | -0.0087 | |
| Super Trend (3,10): | 13.8544 | |
| Zig ZAG (10): | 13.7877 | |
| VORTEX (21): | 0.8749 | |
| Stochastique (14,3,5): | 45.91 | |
| TEMA (21): | 13.7823 | |
| Williams %R (14): | -54.64 | |
| Chande Momentum Oscillator (20): | -0.0071 | |
| Repulse (5,40,3): | 0.0193 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0258 | |
| Courbe Coppock: | 0.23 |
| MA7: | 13.9675 | |
| MA20: | 14.0427 | |
| MA50: | 14.0184 | |
| MA100: | 14.0834 | |
| MAexp7: | 13.7943 | |
| MAexp20: | 13.8058 | |
| MAexp50: | 13.8604 | |
| MAexp100: | 13.9310 | |
| Price / MA7: | -1.24% | |
| Price / MA20: | -1.77% | |
| Price / MA50: | -1.60% | |
| Price / MA100: | -2.05% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.47% | |
| Price / MAexp100: | -0.97% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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