GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: GBPUSD
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GBP/USD - 15 min. - Technical analysis published on 08/14/2020 (GMT)

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  • Timeframe : 15 min.
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 1.3034 USD
My targets
1.3079 USD (+0.0010)
1.3116 USD (+0.0047)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on GBP/USD. This is a positive signal for buyers. As long as the price remains above 1.3034 USD, a purchase could be considered. The first bullish objective is located at 1.3079 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.3116 USD as an objective. Crossing it would then enable buyers to target 1.3161 USD. In the event of a return below 1.3034 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.8

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 Ahmed93. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GBP/USD rating is 1.3069 USD. The price is lower by -0.01% since the last closing and was traded between 1.3048 USD and 1.3083 USD over the period. The price is currently at +0.16% from its lowest and -0.11% from its highest.

1.3048
1.3083
1.3069

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this GBP/USD chart shows a bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes



In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.2981 1.3009 1.3053 1.3069 1.3075 1.3132 1.3162
Change (%) -0.67% -0.46% -0.12% - +0.05% +0.48% +0.71%
Change -0.0088 -0.0060 -0.0016 - +0.0006 +0.0063 +0.0093
Level Minor Intermediate Major - Minor Major Minor



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
Standard1.29521.29971.30341.30791.31161.31611.3198
Camarilla1.30481.30551.30631.30701.30781.30851.3093
Woodie1.29471.29951.30291.30771.31111.31591.3193
Fibonacci1.29971.30291.30481.30791.31111.31301.3161


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.27551.28681.29601.30731.31651.32781.3370
Camarilla1.29961.30141.30331.30521.30711.30901.3108
Woodie1.27451.28631.29501.30681.31551.32731.3360
Fibonacci1.28681.29461.29951.30731.31511.32001.3278


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.17621.20611.25731.28721.33841.36831.4195
Camarilla1.28631.29371.30121.30861.31601.32351.3309
Woodie1.18701.21141.26811.29251.34921.37361.4303
Fibonacci1.20611.23711.25621.28721.31821.33731.3683

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): 53.66
MACD (12,26,9): 0.0002
Directional Movement: 5.5191
AROON (14): 50.0000
DEMA (21): 1.3069
Parabolic SAR (0,02-0,02-0,2): 1.3059
Elder Ray (13): -0.0001
Super Trend (3,10): 1.3048
Zig ZAG (10): 1.3071
VORTEX (21): 1.0146
Stochastique (14,3,5): 55.91
TEMA (21): 1.3071
Williams %R (14): -51.61
Chande Momentum Oscillator (20): 0.0010
Repulse (5,40,3): -0.0137
ROCnROLL: 1
TRIX (15,9): 0.0018
Courbe Coppock: 0.08
MA7: 1.3072
MA20: 1.2972
MA50: 1.2705
MA100: 1.2544
MAexp7: 1.3069
MAexp20: 1.3066
MAexp50: 1.3065
MAexp100: 1.3066
Price / MA7: -0.02%
Price / MA20: +0.75%
Price / MA50: +2.87%
Price / MA100: +4.19%
Price / MAexp7: -0%
Price / MAexp20: +0.02%
Price / MAexp50: +0.03%
Price / MAexp100: +0.02%

Quotes : 2020-08-14 09:51:12 - Real time data - Forex

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

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