GBP/USD - 15 min. - Technical analysis published on 08/13/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 1.3040 USD
My targets
1.3103 USD (+0.0027)
1.3137 USD (+0.0061)
My analysis
GBP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.3040 USD. The next resistance located at 1.3103 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.3137 USD. After this resistance, buyers could then target 1.3162 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by Ahmed93. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD rating is 1.3076 USD. On the day, this instrument gained +0.23% and was between 1.3043 USD and 1.3083 USD. This implies that the price is at +0.25% from its lowest and at -0.05% from its highest.1.3043
1.3083
1.3076
Here is a more detailed summary of the historical variations registered by GBP/USD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/USD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2981 | 1.3005 | 1.3053 | 1.3076 | 1.3132 | 1.3162 | 1.3186 |
| Change (%) | -0.73% | -0.54% | -0.18% | - | +0.43% | +0.66% | +0.84% |
| Change | -0.0095 | -0.0071 | -0.0023 | - | +0.0056 | +0.0086 | +0.0110 |
| Level | Intermediate | Major | Major | - | Intermediate | 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 | 1.2948 | 1.2977 | 1.3011 | 1.3040 | 1.3074 | 1.3103 | 1.3137 |
| Camarilla | 1.3029 | 1.3034 | 1.3040 | 1.3046 | 1.3052 | 1.3058 | 1.3063 |
| Woodie | 1.2952 | 1.2978 | 1.3015 | 1.3041 | 1.3078 | 1.3104 | 1.3141 |
| Fibonacci | 1.2977 | 1.3001 | 1.3016 | 1.3040 | 1.3064 | 1.3079 | 1.3103 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2755 | 1.2868 | 1.2960 | 1.3073 | 1.3165 | 1.3278 | 1.3370 |
| Camarilla | 1.2996 | 1.3014 | 1.3033 | 1.3052 | 1.3071 | 1.3090 | 1.3108 |
| Woodie | 1.2745 | 1.2863 | 1.2950 | 1.3068 | 1.3155 | 1.3273 | 1.3360 |
| Fibonacci | 1.2868 | 1.2946 | 1.2995 | 1.3073 | 1.3151 | 1.3200 | 1.3278 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1762 | 1.2061 | 1.2573 | 1.2872 | 1.3384 | 1.3683 | 1.4195 |
| Camarilla | 1.2863 | 1.2937 | 1.3012 | 1.3086 | 1.3160 | 1.3235 | 1.3309 |
| Woodie | 1.1870 | 1.2114 | 1.2681 | 1.2925 | 1.3492 | 1.3736 | 1.4303 |
| Fibonacci | 1.2061 | 1.2371 | 1.2562 | 1.2872 | 1.3182 | 1.3373 | 1.3683 |
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): | 57.11 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 6.2707 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 1.3070 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3081 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.3054 | |
| Zig ZAG (10): | 1.3063 | |
| VORTEX (21): | 1.0125 | |
| Stochastique (14,3,5): | 41.18 | |
| TEMA (21): | 1.3068 | |
| Williams %R (14): | -61.76 | |
| Chande Momentum Oscillator (20): | 0.0007 | |
| Repulse (5,40,3): | -0.0756 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0053 | |
| Courbe Coppock: | 0.12 |
| MA7: | 1.3079 | |
| MA20: | 1.2946 | |
| MA50: | 1.2697 | |
| MA100: | 1.2538 | |
| MAexp7: | 1.3065 | |
| MAexp20: | 1.3063 | |
| MAexp50: | 1.3056 | |
| MAexp100: | 1.3052 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | +1.00% | |
| Price / MA50: | +2.98% | |
| Price / MA100: | +4.29% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | +0.18% |
Quotes :
2020-08-13 07:39:19
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Real time data
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Forex
News
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This member declared not having a position on this financial instrument or a related financial instrument.
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