GBP/NOK - 1H - Technical analysis published on 05/19/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 13.8206 NOK
My targets
13.7491 NOK (-0.0455)
13.7138 NOK (-0.0808)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 13.8206 NOK remains possible. It is advisable to trade GBP/NOK with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 13.8206 NOK. The next bearish objective for sellers is set at 13.7491 NOK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 13.7138 NOK. In case of crossing, the next objective would be the support located at 13.6940 NOK. PS: if there is a bullish break in the resistance located at 13.8206 NOK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/NOK rating 13.7946 NOK. On the day, this instrument lost -0.02% with the lowest point at 13.7441 NOK and the highest point at 13.8364 NOK. The deviation from the price is +0.37% for the low point and -0.30% for the high point.13.7441
13.8364
13.7946
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of GBP/NOK indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.7138 | 13.7491 | 13.7851 | 13.7946 | 13.7996 | 13.8206 | 13.8423 |
| Change (%) | -0.59% | -0.33% | -0.07% | - | +0.04% | +0.19% | +0.35% |
| Change | -0.0808 | -0.0455 | -0.0095 | - | +0.0050 | +0.0260 | +0.0477 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.6821 | 13.7340 | 13.7659 | 13.8178 | 13.8497 | 13.9016 | 13.9335 |
| Camarilla | 13.7749 | 13.7825 | 13.7902 | 13.7979 | 13.8056 | 13.8133 | 13.8210 |
| Woodie | 13.6722 | 13.7290 | 13.7560 | 13.8128 | 13.8398 | 13.8966 | 13.9236 |
| Fibonacci | 13.7340 | 13.7660 | 13.7858 | 13.8178 | 13.8498 | 13.8696 | 13.9016 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.5329 | 13.6207 | 13.7093 | 13.7971 | 13.8857 | 13.9735 | 14.0621 |
| Camarilla | 13.7494 | 13.7656 | 13.7817 | 13.7979 | 13.8141 | 13.8302 | 13.8464 |
| Woodie | 13.5333 | 13.6209 | 13.7097 | 13.7973 | 13.8861 | 13.9737 | 14.0625 |
| Fibonacci | 13.6207 | 13.6881 | 13.7297 | 13.7971 | 13.8645 | 13.9061 | 13.9735 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.7701 | 13.1125 | 13.4863 | 13.8287 | 14.2025 | 14.5449 | 14.9187 |
| Camarilla | 13.6631 | 13.7287 | 13.7944 | 13.8600 | 13.9257 | 13.9913 | 14.0570 |
| Woodie | 12.7857 | 13.1204 | 13.5019 | 13.8366 | 14.2181 | 14.5528 | 14.9343 |
| Fibonacci | 13.1125 | 13.3861 | 13.5551 | 13.8287 | 14.1023 | 14.2713 | 14.5449 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.55 | |
| MACD (12,26,9): | -0.0119 | |
| Directional Movement: | -4.6793 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 13.7695 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.7929 | |
| Elder Ray (13): | -0.0094 | |
| Super Trend (3,10): | 13.8297 | |
| Zig ZAG (10): | 13.7670 | |
| VORTEX (21): | 0.9318 | |
| Stochastique (14,3,5): | 28.86 | |
| TEMA (21): | 13.7625 | |
| Williams %R (14): | -76.71 | |
| Chande Momentum Oscillator (20): | -0.0340 | |
| Repulse (5,40,3): | -0.0223 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0107 | |
| Courbe Coppock: | 0.65 |
| MA7: | 13.7940 | |
| MA20: | 13.8334 | |
| MA50: | 13.7951 | |
| MA100: | 13.9158 | |
| MAexp7: | 13.7714 | |
| MAexp20: | 13.7843 | |
| MAexp50: | 13.7973 | |
| MAexp100: | 13.7977 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | -0.28% | |
| Price / MA50: | +0.00% | |
| Price / MA100: | -0.87% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
Real time data
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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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